MEMORANDUM ORDER
LEISURE, District Judge:
Defendant Frank Velasco ("Velasco") has moved to dissolve a stay of an order admitting him to bail. For the reasons stated below, Velasco's motion is denied.
Velasco was indicted on January 31, 1995, by a Grand Jury sitting in the Southern District of New York, for his alleged involvement in a large-scale heroin smuggling operation. A Magistrate Judge in the Southern District of New York issued a warrant...
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