Unchained SBF Behind Bars: Why Revoked Bail Is a Big Deal for Crypto’s Biggest Trial - Ep. 533
Aug 18, 2023
Brian Klein, a partner at Waymaker, provides critical legal insights into the challenges facing Sam Bankman-Fried, now detained for attempting to intimidate witnesses. The dynamics of trial prep shift dramatically, raising questions about possible plea deals and delays. Meanwhile, Michael Del Castillo offers a recap of crypto’s turbulent landscape, highlighting ongoing SEC battles and industry shake-ups. The interplay between legal strategies and the evolving crypto scene makes for a riveting discussion.
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Detention's Impact on Trial
- SBF's detention significantly impacts trial preparation, making it much harder for the defense.
- Limited access to their client restricts their ability to strategize and review evidence effectively.
Appeal Unlikely to Succeed
- SBF's appeal against detention faces an uphill battle due to Judge Kaplan's reputation and discretion.
- Judges have significant leeway in such decisions, making overturning the ruling unlikely.
Bail vs. Detention Access
- In-person meetings are easier when the defendant is out on bail, allowing for flexible and spontaneous discussions.
- Detainment makes access more rigid, with limitations on meeting times, document handling, and potential lockdowns.
