Sam Bankman-Fried is going to jail
Enlarge (credit: Bloomberg / Contributor | Bloomberg)
A federal judge in New York today ordered disgraced FTX founder Sam Bankman-Fried’s to jail after revoking his bail, The New York Times reported.
Bankman-Fried had been under house arrest, but prosecutors convinced Judge Lewis A. Kaplan of the Federal District Court in Manhattan that Bankman-Fried had fed documents to the media in order to intimidate a witness in the case. Now Bankman-Fried has to prepare his defense to 13 criminal charges from jail.
In June, Bankman-Fried filed a motion to dismiss, hoping that some of those charges would be dropped. But Kaplan decided that his arguments in the motion were “either moot or without merit,” CNN reported.
This post has been read 481 times!
+1
+1
+1
+1
+1
+1
+1