FTX Founder Sam Bankman-Fried requested permission to remain in a short lived detention facility in New York Metropolis.
In line with a doc submitted to the U.S. District Court docket, Bankman-Fried’s authorized representatives are searching for consent to permit him to remain on the Metropolitan Detention Heart in Brooklyn.
Since August 2023, Bankman-Fried has been held at this facility. His legal professionals argue that remaining in Brooklyn would ease the coordination together with his enchantment legal professionals, as Bankman-Fried plans to problem his conviction and the next sentencing.
![Sam Bankman-Fried court filing](https://crypto.news/app/uploads/2024/04/Screenshot-2024-04-11-173441.png)
On March 28, Bankman-Fried obtained a 25-year sentence on seven fraud and cash laundering prices. Through the sentencing, the FTX Founder’s lawyer, Marc Mukasey, disclosed plans to enchantment the conviction.
Choose Lewis Kaplan decided Bankman-Fried ought to serve his sentence in jail close to the San Francisco Bay Space, contemplating his household’s proximity to that location. This determination got here earlier than Bankman-Fried’s bail was revoked in August 2023, following a interval the place he was restricted to his mother and father’ house in California close to Stanford College.
Sam Bankman-Fried was the one one amongst his colleagues to not plead responsible after the fallout from the FTX and Alameda Analysis scandal. Caroline Ellison, Gary Wang, Nishad Singh, and Ryan Salame, all charged in the identical case and related to the crypto corporations, entered responsible pleas and agreed to cooperation offers.
Ryan Salame, a former government at FTX, is scheduled for sentencing on Could 28 following his request for forgiveness final September.