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WE WANT TO KNOW WHAT THAT MEANS FOR SAM BANKMAN-FRIED HIMSELF. WHAT IS HAPPENING AND HOW ARE THINGS STACKING UP AGAINST SAM BANKMAN-FRIED WHEN THEY ALREADY HAVE TWO PEOPLE WHO WORKED FOR HIM PLED GUILTY. >> I EXPECT THAT THE PROCEEDINGS NEXT WEEK WILL BE PRETTY ROUTINE, I WOULDN'T EXPECT A LOT OF FIREWORKS THERE, JUST MR. BANKMAN-FRIED'S ARRAIGNMENT AND IT WILL BE SETTING THE SCHEDULE PRIMARILY, WE MAY HEAR SOMETHING -- WE SHOULD HEAR SOMETHING ABOUT THE GOVERNMENT PROOF AND WHAT TYPE OF DISCOVERY IT HAS SO THAT JUDGE KAPLAN, THE PRESIDING JUDGE WILL ABLE TO SET SCHEDULE FOR MOTION AND ULTIMATELY FOR TRIAL I DON'T THINK MUCH WILL COME OUT OF THE HEARING OR CONFERENCE NEXT WEEK, BUT NEGOTIATIONS WE CAN EXPECT ARE GOING ON BEHIND THE SCENES WE KNOW THEY BEGAN WHEN SBF WAS IN THE BAHAMAS IN CONNECTION WITH HIS EXTRADITION AND WHETHER OR NOT HE WAIVED ULTIMATELY HE MADE THE GAMBIT TO DO SO, SO THERE ARE DISCUSSIONS GOING ON SO HIS LEGAL TEAM IS ASSESSING RIGHT NOW WHAT THE PROSPECTS ARE AND WHETHER OR NOT TO TAKE A QUICK PLEA A RISKY MOVE BUT WHAT HIS LAWYERS ARE THINKING THROUGH RIGHT NOW. >> I'M STILL A LITTLE SURPRISED HE WAS GIVEN BAIL HERE WHEN THE BAHAMAS WAS SO ADAMANTLY DENIED IT WAS THIS IS A PLOY >> EXACTLY RIGHT THAT'S PRETTY STANDARD OFTEN THE COUNTRY THAT APREHENDS THE DEFENDANT WILL HOLD THAT DEFENDANT AND VIEW HIM OR HER AS A FLIGHT RISK, IN THIS CASE THE NEGOTIATIONS BETWEEN SBF'S LAWYERS AND THE GOVERNMENT HERE WAS, OKAY, WE'LL WAIVE A LENGTHY EXTRADITION PROCEEDINGS IN EXCHANGE YOU THE GOVERNMENT AGREE TO A BAIL PACKAGE HERE THE LARGEST EVER GRANTED, AND ALLOW HIM TO REMAIN FREE RELATIVELY FREE PENDING TRIAL, OTHERWISE I'M CERTAIN THAT HE WOULD NOT HAVE BEEN GRANTED BAIL BEFORE THE JUDGE WHEN HE APPEARED FOR HIS INITIAL APPEARANCE >> YOU THINK THAT THIS IS SOMETHING THAT LASTS, THOUGH, HOW LONG DOES THIS KIND OF PLAY OUT AND WHAT WOULD YOU BE THINKING IN THE MIND OF THE PROSECUTOR WHAT YOU DO NEXT. >> IT'S HIGHLY VARIABLY, THE PROSECUTORS I THINK ARE IN A GOOD POSITION THEY ALREADY HAVE THE QUICK, LIGHTNING QUICK PLEAS OF THE TOP TWO, THEY HAVE NO DOUBT OTHER WOULD-BE COOPERATING WITNESSES LINING UP AT THE DOOR, THEY WERE INVITED TO DO BY THE U.S. ATTORNEY WILLIAMS AND THEY ARE AND THEY HAVE A MOUNTAIN OF PAPER EVIDENCE AND IN FACT ADMISSION BY THE DEFENDANT HIMSELF, SO THEY'RE NOT GOING TO BE IN ANY PARTICULAR RUSH AND THEY'RE NOT GOING TO BE PARTICULARLY WELCOMING OF ANY SWEETHEART PLEA DEAL SO THE DEFENDANT AND HIS TEAM ARE GOING TO HAVE TO DECIDE, DOES HE TAKE A QUICK PLEA, WHICH IS KNOWN AS AN OPEN PLEA, NO DOUBT WHICH MEANS IT WOULD NOT BE PURSUANT TO ANY KIND OF AGREEMENT AND TAKE A CHANCE IN FRONT OF THIS JUDGE THAT HASN'T WORKED PARTICULARLY WELL IN THE PAST IN FRONT OF JUDGE KAPLAN AND...