FTX founder Sam Bankman-Fried returns to NYC for bail hearing
FTX founder Sam Bankman-Fried has a court hearing that could decide whether the fallen cryptocurrency wiz must go to jail while he awaits trial.
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FTX founder Sam Bankman-Fried has a court hearing that could decide whether the fallen cryptocurrency wiz must go to jail while he awaits trial.
The 31-year-old onetime crypto whiz had been living at his parent's California home since his December extradition from the Bahamas.
NEW YORK — FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday after a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him. Bankman-Fried looked down at his hands as Judge Lewis A. Kaplan explained at length why
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 when he showed a journalist her private writings and in January when he reached out to the general counsel for FTX with an encrypted communication.
The 31-year-old onetime crypto whiz had been living at his parent's California home since his December extradition from the Bahamas.