Former CEO of FTX Sam Bankman-Fried(SBF) asked the court for additional time for bail.
Former CEO of FTX Sam Bankman-Fried asked the court to extend it until March 3 to discuss the terms of the bail. Sam Bankman-Fried is on trial for a number of crimes, including bank fraud.
Sam Bankman-Fried Requests Additional Time from Court
FTXformer CEO of Sam Bankman-Fried , is facing a number of charges by the court following the bankruptcy of FTX. Bank fraud is among the charges against SBF as one of the new charges.
Sam Bankman-Fried wants more time to negotiate bail terms.
Lawyers for the former FTX executive sent a letter Friday requesting a federal judge to give him until March 3 to work out details of the ongoing bail dispute. Bankman-Fried also requested more time to find a technologist to train the court.
Bankman-Fried’s lawyers made statements on the subject:
“We respectfully request the court to give the defense additional time to submit our proposal for technical counsel and additional bail conditions.”
SBF is currently under house arrest in California with a $250 million bond.
