On July 28, the prosecution is due to submit its reasons about bail, and on August 3, Bankman-Fried’s legal team will do the same.
Former FTX CEO Sam Bankman-Fried, or “SBF,” wants to keep private any records relating to his conversations with a New York Times reporter about his connection with Caroline Ellison.
Ellison’s private diary entries have been made public when Bankman-Fried gave them to a reporter, who then gave them to the court and the Department of Justice.
Now that Ellison, his former partner and future witness against SBF, is set to testify, prosecutors are asking the court to withdraw SBF’s $250 million bond, claiming that he has used it to threaten Ellison.
But the news organisation Inner City Press has spoken out against the request to seal the records, saying that because the material has been revealed to one media outlet, it should not be hidden from the public, and that doing so would be contrary to the ideals of openness.
Included in the NYT article were Ellison’s separation from Bankman-Fried and her description of feeling overwhelmed by her job at Alameda Research.
What more information about the people involved may be revealed if the request to seal the records is refused is unclear at this time.
A temporary gag order granted on July 26 severely bars SBF from making any extrajudicial remarks on his criminal case.
On July 28, the prosecution is due to submit its reasons about bail, and on August 3, Bankman-Fried’s legal team will do the same. However, the ex-FTX CEO’s trials on 12 criminal charges are set to begin in October 2023 and March 2024.
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