logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

Prosecutor Deems Sam Bankman-Freed's Bail Appeal 'Meritless

By James Dean
Sep 7, 2023
4.1 
★
★
★
★
★
★
★
★
★
★
 347 User Rating
Share

The US Attorney's Office has filed a response opposing the bail appeal made by former FTX CEO Sam "SBF" Bankman-Fried. They contend that Bankman-Fried poses a risk of tampering with witnesses, and no release conditions can guarantee their safety. In this In response, prosecutors have labeled several of his claims in his appeal against bail revocation as "baseless."

Prosecutors argued that SBF violated court orders twice by attempting to tamper with witnesses. Therefore, given his history of non-compliance with pretrial release conditions, they believe he is unlikely to adhere to any release conditions.

The first instance occurred in early January when SBF initiated contact with FTX.US's then-general counsel, a potential trial witness. The second incident took place in July 2023 when private diary messages from former Alameda CEO and SBF partner Caroline Ellison were leaked. Prosecutors argued that SBF leaked these messages to discredit her and potentially influence the jury. Based on these actions, US District Judge Lewis Kaplan revoked SBF's bail on August 11, 2023.

SBF's legal team appealed this bail revocation on August 28, asserting that his communication with Ellison was protected by the First Amendment. Prosecutors countered that Judge Kaplan had already considered SBF's First Amendment rights when making his decision, emphasizing that the law deems communication a crime if it is intended to intimidate or influence a witness, regardless of First Amendment protections.

In their response, prosecutors made two central arguments: firstly, that the district court had valid reasons to believe that SBF attempted to tamper with a witness while on pretrial release, and secondly, that Judge Kaplan's finding of probable cause regarding SBF's attempt to tamper with Witness 1 was not manifestly erroneous. They also pointed out that the defendants did not challenge SBF's ruling that he attempted to testify for the former FTX.US lawyer, which the judge interpreted as a clear attempt to tamper with the witness.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    The circulation of TRC20-USDT has officially ascended to a historic peak of 89.3 billion tokens, fundamentally expanding the liquidity threshold of the decentralized financial landscape.
    Hallie Gill
    May 12, 2026
  • 21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    The TCAN ETF provides the first U.S.-listed gateway to Canton Coin (CC), the native utility token of the Canton Network.
    Martha Grizzard
    May 8, 2026
  • Pharos Reveals PROS Token Supply Model With Zero Initial Inflation

    Pharos Reveals PROS Token Supply Model With Zero Initial Inflation

    Pharos has unveiled the economic model for its PROS token, setting a fixed initial supply of 1 billion tokens and introducing a phased inflation schedule that begins at zero.
    Christopher Smith
    Apr 21, 2026

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy

    VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy

    VerifiedX has officially introduced a decentralized "reliever chain" designed to bring programmable, privacy-preserving functionality to the Bitcoin network.
    Martha Grizzard
    May 18, 2026
  • Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize

    Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize

    SBI Securities and Rakuten Securities have officially announced plans to introduce cryptocurrency investment trusts to their massive retail user bases.
    Craig Green
    May 18, 2026
  • Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight

    Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight

    The Senate Banking Committee advanced the CLARITY Act on May 14, 2026 to establish a comprehensive federal framework for the digital asset industry.
    May 15, 2026
  • TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    The circulation of TRC20-USDT has officially ascended to a historic peak of 89.3 billion tokens, fundamentally expanding the liquidity threshold of the decentralized financial landscape.
    Hallie Gill
    May 12, 2026
  • 21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    The TCAN ETF provides the first U.S.-listed gateway to Canton Coin (CC), the native utility token of the Canton Network.
    Martha Grizzard
    May 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Bitway
BitwayBTW

$0.0306

+147.49%
Zest Protocol
Zest ProtocolZEST

$0.2255

+60.43%
DeFi App
DeFi AppHOME

$0.0580

+39.98%
Epic Chain
Epic ChainEPIC

$0.6350

+32.29%
Telcoin
TelcoinTEL

$0.002811

+19.21%

Top Trending

View more
BinanceLife
BinanceLife币安人生

$0.7103

+10.22%
Sui Network
Sui NetworkSUI

$0.7672

-8.64%
Dash
DashDASH

$33.7700

-15.41%
Zcash
ZcashZEC

$468.900

-25.18%
Litecoin
LitecoinLTC

$45.7600

-4.49%

Recently added

View more
Kinetiq
KinetiqKNTQ

$0.2314

+0.61%
Citrea
CitreaCTR

$0.0170

-5.80%
Solstice
SolsticeSLX

$0.2142

-18.59%
Nexus
NexusNEX

$0.00000291

-4.99%
Zest Protocol
Zest ProtocolZEST

$0.2255

+60.43%

Learn

View more
  1. 1What is Bitwise Hyperliquid ETF? How Does BHYP Work?
  2. 2What is PaperTrade on HyperEVM? Is Zero Funding Real?
  3. 3What Is Circle Arc? How Does the New USDC Blockchain Work?
  4. 4What Is Circle Arc Whitepaper? How to Join Circle Arc Testnet?
  5. 5Is the Bear Market Over? Decoding Bitcoin On-Chain Data
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com