Bankman-Fried stepped into the courtroom for the first time since his prison term to address potential conflicts associated with lawyers such as Marc Mukasey and Torrey Young.

Bankman-Fried is expected to be present for the sentencing hearing on March 28. Bankman-Fried filed for bankruptcy after resigning as CEO of FTX and was convicted on fraud charges. Prosecutors are proposing not to proceed to a second trial. Bankman-Fried's deadline to submit sentencing recommendations has been extended until February 27.

Bankman-Fried has agreed to conflict-free legal representation with attorneys Mukasey and Young, Inner City Press reported. In the process, former Celsius CEO Alex Mashinsky took a similar step. The hearing in the District Court for the Southern District of New York marked Bankman-Fried's first appearance outside prison. Although the media generally did not pay much attention to the situation, photos of the former CEO with inmates were published.

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Mukasey and Young continued to represent Bankman-Fried and Mashinsky, while lawyers like Christian Everdell and Mark Cohen withdrew. Bankman-Fried is scheduled to appear before Judge Lewis Kaplan for sentencing.