JUST IN: Attorneys for Sam Bankman-Fried accused the U.S. Department of Justice of 'mischaracterizing' facts in a Tuesday filing pushing back against the government's motion to detain the FTX founder ahead of his trial. nikhileshde reports
Sam Bankman-Fried has not tried to tamper with witnesses, and the U.S. Department of Justice's allegations that he had"mischaracterize" the reality, a filing by the FTX founder's defense team said.
The ex-CEO of the crypto exchange faces potential jail time ahead of his trial later this year, if the DOJ wins its motion to revoke his bond. Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder into custody in a court filing Tuesday, saying it relied on an"extremely thin" factual basis.
The DOJ has"jumped to conclusions" about Bankman-Fried's conduct, the filing said, which also pushed back against government arguments that he had pushed the boundaries of his bond release on multiple prior occasions. "The Government is wrong. Its version of events mischaracterizes the facts and removes them from their proper context to cast Mr. Bankman-Fried’s actions and intentions in the most negative light possible,"Prosecutors alleged that Bankman-Fried had shared former Alameda Research CEO Caroline Ellison's personal diary with the New York Times in an attempt to harass her and potentially tamper with her testimony as a potential witness in his criminal trial in October 2023.
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