Sam Bankman-Fried could face 2 criminal trials, with prosecution on some charges delayed until 2024
FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge granted a request by prosecutors to delay a trial on some of the charges until next year NEW YORK -- FTX founder Sam Bankman-Fried may face two criminal trials after a federal judge on Thursday granted a request by prosecutors to delay a trial on some of the charge s until next year. Bankman-Fried faces trial in October on charges brought against him last year. Judge Lewis A. Kaplan in Manhattan set a March 11 trial date for him on newer charges filed earlier this year. Kaplan chose to schedule two trials after prosecutors said they will only go ahead with the newer charges if authorities in the Bahamas — where Bankman-Fried was first arrested — agree to it. The judge acted hours afer Bankman-Fried appeared before Kaplan as his lawyers argued for dismissal of charges alleging that he and other top executives cheated investors and looted FTX customer deposits, in part to fund lavish lifestyles. Kaplan s...