U.S. judge sends Sam Bankman-Fried to jail over witness tampering
Sam Bankman-Fried will head to jail on Friday, after a judge sided with a request by federal prosecutors to revoke the FTX founder’s bail over alleged witness tampering.
Bankman-Fried will be remanded to custody directly from a court hearing in New York, where he will remain ahead of his criminal trial – which is due to begin on Oct. 2.
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Sam Bankman-Fried will head to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX founder’s bail over alleged witness tampering. Bankman-Fried will be remanded to custody directly from a court hearing in New York, where he will remain ahead of his criminal trial – which is due to begin on Oct. 2.
Judge Lewis Kaplan denied Bankman-Fried’s request for delayed detention pending an appeal.
Since his arrest in December, Bankman-Fried had been out on a $250 million bail package which requires him to remain at his parents’ Palo Alto, California house.
Bankman-Fried’s court appearance on Friday is the latest in a series of pre-trial hearings related to the ex-billionaire’s continued dealings with the press – exchanges which the Justice Department characterizes as a “pattern of witness tampering and evading his bail conditions.” .....
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