Judge Denies Temporary Release For Sam Bankman-Fried, Suggests He Could Face ‘Very Long Sentence’

CoinDesk reported:

As to Cohen’s argument that Bankman-Fried’s case is complex, meaning he deserves ample time outside of prison to strategize, Kaplan again demurred. While the FTX case “involves subjects that to the lay world are pretty arcane,” like cryptocurrency and finance, said Kaplan, “the issues in this case are pretty straightforward: Was there fraud, or wasn’t there?”

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