Judge revokes Sam Bankman-Fried’s bail, sends him to jail

• Choose Lewis Kaplan has revoked former FTX CEO Sam Bankman-Fried’s bail.
• The decide has additionally denied the defence’s request to delay Bankman-Fried’s detention pending attraction.
• Bankman-Fried, whose felony trial begins on October 2, will probably be jailed at Putnam.

Choose Lewis Kaplan has revoked the bail granted to former FTX CEO Sam Bankman-Fried, and ordered his detention after a listening to over alleged witness tampering. CNBC reported the event on Friday.

Choose sands Bankman-Fried to jail

Choose Kaplan on Friday dominated in favour of a movement filed by federal prosecutors after the federal government complained about Bankman-Fried’s potential to tamper with each witnesses and the jury in his upcoming felony trial.

In denying the defendant’s plea for a delayed detention forward of an attraction, Choose Kaplan stated that SBF had tried to intervene with witnesses on not less than two events.

Bankman-Fried is to be remanded on the Putnam jail pending his attraction and forward of the October 2 trial. Prosecutors stated the ex-FTX chief could have entry to the web on the facility as he prepares his defence, which might not be the case at MDC that’s closest to the court docket however gives restricted web entry.

Internal Metropolis Press has reported that defence legal professionals already filed an attraction.

SBF attraction of remand to jail filed lower than an hour after handcuffs, $505 submitting price paid – Internal Metropolis Press will comply with the attraction within the Second Circuit, too https://t.co/YF01ftwGhX pic.twitter.com/aOsit518gR

— Internal Metropolis Press (@innercitypress) August 11, 2023

As CoinJournal highlighted in July, prosecution had sought to have Bankman-Fried’s bail revoked and he be jailed following cases of alleged witness tampering. The DOJ had allleged that SBF leaked the personal diary of his former colleague and now star federal witness Caroline Alison to a New York Instances reporter.

Based on the federal government, the disgraced ex-billionaire’s aim was to discredit Alison and probably have an effect on the jurors. Over the past listening to, Choose Kaplan had warned Bankman-Fried about his behaviour, noting the bail might be revoked.