Sam Bankman-Fried’s authorized staff turns over docs associated to NYT story, requests they be sealed

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Legal professionals representing former FTX CEO Sam Bankman-Fried, often known as ‘“SBF,” have requested the court docket seal paperwork associated to his interviews with a New York Occasions reporter revealing particulars about his relationship with Caroline Ellison.

In a July 27 submitting in the US District Court docket for the Southern District of New York, Bankman-Fried’s authorized staff stated it had offered the court docket and Division of Justice with paperwork the previous FTX CEO had proven a reporter that led to particulars in Ellison’s non-public journals being printed. The legal professionals requested Decide Lewis Kaplan permit them to file the paperwork below seal, citing “the necessity to keep away from their public dissemination.”

Prosecutors within the case have pushed for SBF’s $250-million bail to be revoked, claiming he used his freedom to intimidate Ellison — his former romantic associate and colleague — who is predicted to supply testimony towards the previous FTX CEO. Information outlet Interior Metropolis Press filed a letter of opposition to the request to seal the paperwork, claiming that any order to take action could be “internally inconsistent”:

“The defendant already gave them to 1 media outlet. It’s akin to the evisceration of a Freedom of Data Act exemption by a document being already publicly obtainable.”

The small print of Ellison’s journals within the printed NYT story included her describing feeling overwhelmed by her place at Alameda Analysis and her break up with SBF. It’s unclear what different data, if any, on Bankman-Fried or Ellison would possibly come to mild ought to the decide deny the request to seal.

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SBF is presently below a brief gag order imposed on July 26 tha largely prevents him from making any extrajudicial statements associated to his prison case till the willpower of arguments on bail. Decide Kaplan will settle for arguments from prosecutors on July 28 and from Bankman-Fried’s authorized staff on Aug. 3 concerning his bail situations, which may result in him being detained till his October trial.

Prosecutors advised Decide Kaplan on July 27 they anticipated to drop the cost regarding violations of marketing campaign finance towards SBF as a result of situations of an extradition settlement with the Bahamas. The previous FTX CEO nonetheless faces 12 prison counts, which might be unfold throughout two trials scheduled for October 2023 and March 2024.

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