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Bankman-Fried's Legal Team Submits Documents, Seeks Confidentiality

By Wayne Ingram
Jul 31, 2023
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Lawyers representing former FTX CEO Sam Bankman-Fried, also known as "SBF," have requested the court to seal documents related to his interview with a reporter from The New York Times. The documents revealed details about his relationship with Caroline Ellison. In a filing on July 27, Bankman-Fried's legal team stated that they had provided the court and the Justice Department with documents showing evidence from Ellison's private journal that he shared with the reporter. They asked the court to seal the filing to avoid public dissemination of these documents.

Prosecutors in the case have requested the revocation of SBF's $250 million bail, alleging that he used his freedom to intimidate Ellison, his former lover and colleague, in anticipation of her testimony against him. However, a news outlet, Inner City Press, has targeted To the request for sealed documents, arguing that they should not be sealed since SBF had already shared them with a media outlet.

Ellison's diary, which was featured in The New York Times report, revealed her feelings of being overwhelmed by her position at Alameda Research and her breakup with SBF. It remains uncertain what other information about Bankman-Fried or Ellison might come to light if the judge denies the sealing request. Currently, SBF is under a temporary gag order that prevents him from making any extrajudicial remarks related to his criminal case until his bail arguments are determined.

Judge Kaplan will hear arguments from prosecutors on July 28 and from Bankman-Fried's legal team on his bail conditions on August 3, which could potentially lead to his detention until his trial in October. On July 27, prosecutors informed Judge Kaplan that they expected to drop the campaign-financing charges against SBF due to the conditions of the extradition agreement with the Bahamas. However, he still faces 12 criminal charges that will be divided into two trials scheduled for October 2023 and March 2024.

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