FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case

Previous FTX CEO Sam Bankman-Fried has actually agreed to a “gag order” which will avoid him from making comments to third parties that might interfere with his trial– however argues it ought to use to all potential witnesses as well, consisting of present FTX CEO John Ray.The gag order against Sam Bankman-Fried was at first requested on July 20, when the U.S. federal government accused the FTX creator of attempting to hinder a reasonable trial by publicly discrediting previous company partner and witness Caroline Ellison in an interview with the New York Times.In a July 22 letter to United States District Court Judge Lewis A. Kaplan of New York, Bankman-Frieds attorneys Cohen & & Gresser LLP denied the allegations but accepted accept a gag order as requested.A gag order is a legal order frequently released by a court to limit details or remark from being revealed or passed onto any unapproved 3rd party. In this case, Bankman-Fried will no longer have the ability to make comments that publicly discredit a government witness by sharing secret information that might taint the jury pool.Legal filing by Cohen & & Gresser LLP to District Court Judge Lewis Kaplan in New York. Source: Courtlistener.However, in accepting the relief, Bankman-Frieds lawyers likewise desire the very same gag order to be applied to all parties and witnesses that could be associated with his criminal trial.” We respectfully request that any such relief, however, need to apply not simply to Mr. Bankman-Fried, however equally to all witnesses and celebrations– namely, the Government and all possible witnesses in this case.” This would consist of the U.S. federal government, former staff members of cryptocurrency exchange FTX, FTX Debtor entities, Alameda Research and other possible witnesses included in the case, according to the attorneys. Describing the request, the attorneys stated there has been a “toxic media environment” surrounding their client considering that the collapse of the exchange, keeping in mind that FTX CEO John Ray was one of the bigger culprits. “Most significantly, the existing CEO of the FTX Debtor entities, John J. Ray III, who has routinely (and gratuitously) attacked and damned Mr. Bankman-Fried in his public comments and filings in the FTX insolvency proceedings,” they said. “Mr. Rays duplicated ad hominem attacks on Mr. Bankman-Fried– which have really little bit do with his function recuperating properties for FTX creditors and appear more directed towards publicly damning Mr. Bankman-Fried. [This] has left Mr. Bankman-Fried with little option however to react,” the lawyers added.Related: Sam Bankman-Frieds brother prepared to buy island and preparation for apocalypse: court filingThe law practice argued that the U.S. government was using a double basic by touting several short articles that sought to harm SBFs credibility. This formed the basis of their request for the very same gag order for SBF.SBF pleaded innocent to a series of fraud charges for the alleged role he played resulting in the personal bankruptcy of FTX. The trial for SBFs scams charges starts on October 3. Magazine: Web3 Gamer: Ethical SBF video game axed, Web3 video games sign-up process sucks, Tomb Chaser