FTX Founder Sam Bankman-Fried (SBF) was sent to jail Friday after the choose overseeing his case revoked his bail. US District Judge Lewis Kaplan discovered possible trigger that the disgraced former CEO repeatedly tampered with witnesses. In addition, Kaplan rejected Bankman-Fried’s attorneys’ request to delay his detention pending enchantment.
Prosecutors argued that Bankman-Fried tried to harass a vital witness final month when he confirmed a New York Times reporter the non-public writings of his former accomplice Caroline Ellison, a cooperating witness who pleaded responsible in December to prison prices associated to defrauding FTX traders. The prosecution stated SBF’s actions have been an try to injury her status and affect potential jurors. Meanwhile, SBF’s protection group accused prosecutors of utilizing proof laden with “innuendo, speculation, and scant facts.” Judge Kaplan sided with prosecutors, saying Bankman-Fried tried to “tamper with witnesses at least twice.”
Reuters experiences that the 31-year-old former FTX boss was ushered out of the courtroom by US Marshals “after removing his shoelaces, jacket and tie and emptying his pockets.” The former CEO had been underneath home arrest in California (at his dad and mom’ house in Palo Alto) since he was extradited in December following his arrest within the Bahamas final December. His $250 million bail bundle tightly managed his web utilization.
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