Page 4 - David Mccraw News Today

FTX founder Sam Bankman-Fried has been sent to jail after a bail hearing in New York City.

FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he

NY court revokes bail for FTX founder, accused of stealing billions in customer deposits to fund businesses and speculative investments

U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried’s bail revoked after prosecutors said he’d tried to harass a key witness in his fraud case last month.

The 31-year-old has been under house arrest at his parents' home in Palo Alto, California, since his December extradition from the Bahamas.

Prosecutors say Bankman-Fried tried to harass a key government witness. His lawyers say he did not. The judge agreed that he had.

Judge Lewis A Kaplan said there was probable cause to believe he had tried to ‘tamper with witnesses at least twice’ since his December arrest.

The 31-year-old onetime crypto whiz has been living at his parents' California home since his December extradition from the Bahamas.

FTX founder Sam Bankman-Fried has been sent to jail after a bail hearing in New York City

NEW YORK — FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced