Judge sends FTX founder Sam Bankman-Fried to jail as bail revoked - News Summed Up

Judge sends FTX founder Sam Bankman-Fried to jail as bail revoked


In federal court in New York, FTX founder Sam Bankman-Fried is escorted by court officers from the courtroom (Elizabeth Williams/AP)He was then led out of the courtroom by US marshals. The incarceration order signed by the judge said Judge Kaplan found probable cause to believe Bankman-Fried had committed the federal crime of attempted witness tampering. Lawyer Mark Cohen asked the judge to suspend his incarceration order for an immediate appeal, but Judge Kaplan rejected the request. At a February hearing, Judge Kaplan said the communication “suggests to me that maybe he has committed or attempted to commit a federal felony while on release”. On Friday, Judge Kaplan said he was rejecting defence claims that the communication was benign.


Source: The Times August 11, 2023 22:48 UTC



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