SBF trial dates revealed: FTX founder to stand trial over 6 weeks

Former FTX CEO Sam Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on October 4 and last until November 9, according to a newly released trial schedule and published in public court. file.

The growing trial schedule, released Sept. 28, begins Oct. 3 with jury selection. The first official date of fried banker The trial is on October 4, where they will begin arguing seven charges of fraud brought against them.

There are two substantial counts in which the prosecution must convince the jury that Bankman-Fried had committed the crime. Five other “conspiracy” charges involve prosecutors convincing a jury that Bankman-Fried planned to commit the crimes.

There are 15 full test days in October and another six in November. The court will not meet between October 20 and 25 or on weekends. The holidays also fall on October 9 and November 10 and there are no trials scheduled for November 3 either.

The former CEO of FTX has been serving pretrial detention at the Metropolitan Detention Center since August 11. Through his attorneys, Bankman-Fried has filed numerous motions for temporary release to prepare for his upcoming trial.

His last attempt was shot down again on September 28 by U.S. District Judge Lewis Kaplan, suggesting that Bankman-Fried could be a flight risk, given his young age and a “very long sentence” if convicted.

“If things start to look bleak… maybe the time will come when I try to run away.”

However, Kaplan said he understood the defense's concerns and had granted Bankman-Fried permission to arrive at court at 7 a.m. local time on most days of the trial to speak with his attorneys before the trial begins. testimony.

Related: Sam Bankman-Fried's request for temporary release denied as trial date approaches

During the Sept. 28 hearing, Assistant U.S. Attorney Danielle Kudla said the Justice Department estimated the case could last four to five weeks.

SBF, who pleaded not guilty to seven counts of fraud and conspiracy following the collapse of FTX, faces a maximum statutory penalty of 110 years in prison.

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