Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses
The 31-year-old onetime crypto whiz had been living at his parent's California home since his December extradition from the Bahamas.
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The 31-year-old onetime crypto whiz had been living at his parent's California home since his December extradition from the Bahamas.
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.
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 had repeatedly tried to influence witnesses against him.
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.
Prosecutors say Bankman-Fried tried to harass a key government witness. His lawyers say he did not. The judge agreed that he had.