Sam Bankman-Fried to argue for release from New York jail two weeks before trial

Lawyers for Sam Bankman-Fried on Tuesday are set to urge a US appeals court to free him from a Brooklyn jail as the former cryptocurrency billionaire races to prepare for his Oct. 3 trial on federal fraud changes.

Bankman-Fried’s lawyers and the Manhattan US Attorney’s office each will be given five minutes to argue to a three-judge panel of the 2nd US Circuit Court of Appeals about whether the 31-year-old FTX cryptocurrency exchange founder should stay behind bars.