SBF has been granted an extension of the post-trial deadline and may adopt an appeal strategy or seek a reduced sentence
ChainCatcher news, according to Cryptoslate, Judge Lewis A. Kaplan of the U.S. District Court for the Southern District of New York has approved Sam Bankman-Fried's motion for a post-trial delay, and the deadlines for subsequent phases of the legal proceedings have also been adjusted. According to the approved memorandum, the defense's post-trial motion, originally due on November 20, is now due on December 1. This adjustment also changes the government's response deadline to December 22, with the defense's reply deadline set for January 8, 2024. The adjustment of the timeline provides both parties with more time to prepare their arguments.
A key aspect of the post-trial motion is the potential request for a retrial. This is typically based on claims of significant errors that may have affected the trial outcome. For example, the emergence of new evidence or allegations of juror misconduct could serve as a basis for arguing that the original trial was compromised, thereby potentially warranting a retrial.
Additionally, the defense may also file a motion for a judgment of acquittal after the verdict. This motion challenges the sufficiency of the prosecution's evidence, claiming that the evidence is insufficient to support a guilty verdict. In such cases, if the judge agrees with this assessment, they have the authority to overturn the jury's decision, thereby changing the outcome of the case.