The SBF Trial: Sam Bankman-Fried’s Legal Journey Continues, With a Side of Drama and Suspense

What's in Store for Sam Bankman-Fried's Legal Battle?

What’s Next for Sam Bankman-Fried’s Legal Case?

Once upon a time, in the thrilling drama of “United States v. Sam Bankman-Fried,” the plot thickens. With the guilty verdict stamped on him like an unwanted tattoo, our protagonist now faces a series of nail-biting twists and turns that even the most seasoned investor would find suspenseful.

You’re now stepping into the captivating world of The SBF Trial, a uniquely entertaining CoinDesk newsletter that takes you behind the scenes of the courtroom where Sam Bankman-Fried fights to stay out of prison. Fasten your seatbelts, folks, because we’re in for a wild ride. If you want to join the exhilarating journey, sign up here (link).

Now, let’s set the stage for the upcoming acts. First and foremost, the U.S. Probation and Pretrial Services System will be scribbling away like a team of literary geniuses, crafting a memo that will determine the recommended sentence for our protagonist (link). It’s like watching a master chef preparing a delectable plate of justice.

But hold on, the Department of Justice and the defense team won’t let this memo slide by without voicing their fiery opinions. Judge Lewis Kaplan, the maestro of this legal opera, has scheduled a heated discussion on March 28 to debate the proposed sentence. The battle begins, and the deadlines for the two parties to respond are ticking away like a time bomb (link).

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Now, just when you thought you had seen it all, there’s a second trial lurking in the shadows. Scheduled for March 11, it promises to pack even more suspense and intrigue. The judge has given the Department of Justice until February 1 to spill the beans on whether they’re ready to take center stage once again. Oh, but there’s a catch. They need permission from the Bahamas government. It’s like waiting for the final rose ceremony on a reality TV show – will they get the coveted rose or be left heartbroken? Only time will tell (link).

And that’s not all! Brace yourself for the grand reveal of Bankman-Fried’s additional charges, adding fuel to the already blazing fire of his legal woes. We’re talking fraud on FTX customers, securities fraud against FTX investors, conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transmitter business, and even conspiracy to violate the Foreign Corrupt Practices Act (link). It’s like he stumbled upon a cursed treasure trove of legal trouble.

But here’s the twist – these charges weren’t in the original indictment. They’re like hidden traps set by an imaginative villain, catching Bankman-Fried by surprise. The Bahamas government seat at the trial won’t be comfy until these charges are accounted for. It’s almost like trying to fit Cinderella’s glass slipper on the wicked stepsisters. Talk about a legal ballroom dance with a dash of fantasy (link).

And let’s not forget about the post-trial motions – the moment when the defense attorney, Mark Cohen, enters the scene, guns blazing like a wild west showdown. Will he file for a new trial or persuade the judge to acquit despite the jury’s verdict? Cue the dramatic suspenseful music. Cohen has until November 20 to make his move, but the DOJ won’t stay silent for long and must respond by December 18 (link). It’s like the clash of legal titans, unfolding before our eyes.

But fear not, dear readers, for we shall embark on this thrilling journey together. Stay tuned to The SBF Trial newsletter as we navigate the treacherous currents of the legal system, revealing the unexpected and providing you with the latest twists and turns in Bankman-Fried’s hair-raising escapades.

P.S. As we wrap up this chapter of our newsletter, we want to express our heartfelt gratitude for joining us on this rollercoaster ride. Don’t worry, though – if a sudden plot twist occurs, and a special issue of The SBF Trial becomes necessary, we’ll be sure to send it your way. Until then, let’s keep the suspense alive!

— Nikhilesh De

*Editor’s note: Don’t forget to follow our hilarious journey and get your dose of legal drama by subscribing to The SBF Trial newsletter! You don’t want to miss out on the exhilarating ride. See you on the inside!

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