Cryptocurrency

Judge Kaplan stays sentencing schedule

Key Takeaways

  • Judge Lewis Kaplan denied Sam Bankman-Fried’s request to postpone sentencing, maintaining the existing schedule.
  • Bankman-Fried’s attorney, Mark Cohen, pushed for additional preparation time ahead of the presentation interview and emphasized the need for a consolidated sentencing hearing.
  • The government’s decision on a second trial on individual charges remains uncertain, with potential implications for the sentencing process.

Sam Bankman-Fried A request to delay his sentencing hearing by four to six weeks was denied. These are the words of Judge Lewis Kaplan.

The request, made on December 20, aimed to postpone both scheduled dates. Interview scheduled for December 21st and A sentencing hearing is scheduled for March 28, 2024..

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Additionally, two important release dates for the current investigative report are approaching. January 5, 2024 and February 2, 2024. However, the government has not yet confirmed whether it will proceed with a second trial on separate charges against Bankman-Fried.

requesting a delay Presented by Mark CohenHe serves as legal counsel to Bankman-Fried at Cohen & Gresser.

cohen assert that Defense needed additions It’s time to make proper preparations for your upcoming presentation interview. He also emphasized the importance of: Consolidate all relevant aspects into a single sentencing hearingopinion:

For the sake of fairness and efficiency, the court should consider all relevant acts together in a single sentencing hearing.

Cohen also emphasized that the defense team had contacted the government to seek consent, but had not received a response at the time of the request.

Importantly, this sign This is the first time Bankman-Fried has requested a postponement during these proceedings..

Judge Kaplan decided: maintain existing scheduleWhen the sentencing date was first confirmed, the defense initially emphasized that there were no objections.

Nonetheless, Judge Kaplan We have left open the possibility of requesting a new postponement. If the government decides to proceed with a trial on the mutilated charges.

Bankman-Fried was found guilty on November 7. He is facing 7 charges.. But he plead not guilty Despite the jury’s verdict, he has consistently maintained his innocence.

Judge Kaplan denied request to delay sentencing Key moments in Bankman-Fried’s legal journeyHe is awaiting sentencing on the aforementioned charges.

Ain is a senior cryptocurrency researcher. Her vast experience with content related to cryptocurrency and blockchain technology allows her to identify key information that should be presented to learners and ensure the validity of the data collected.
With a degree in New Media Studies, she has developed an extensive repertoire of skills to educate people through new, research-proven research models based on reasoning and human long-term memory.
Ain approaches everything with great care. Her main goal is to remove the ambiguity surrounding many Web3 concepts and guide content writers in presenting difficult cryptography-related concepts in an easy-to-understand manner.
Although content strategy is her main passion, Ain also enjoys reading fantasy books and watching superhero movies.


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