NEW: Prosecutors have formally asked a federal judge to revoke Sam Bankman-Fried's bond and send him to jail ahead of his trial after he shared parts of former Alameda Research CEO Caroline Ellison's diary with the New York Times. nikhileshde reports
U.S. prosecutors moved to revoke FTX founder Sam Bankman-Fried's bond and move him to prison ahead of his October trial, alleging he has now repeatedly tried to influence witness testimony and his bail conditions are insufficient to protect the public.
Bankman-Fried's releasing of Ellison's writings qualifies as him trying to harass her to either prevent or otherwise influence her testimony in court, the DOJ filing said. While Bankman-Fried has the right to defend himself in public, as his attorney Mark Cohen said he was trying to do in speaking with the Times, his sharing of the diary information goes beyond just making a fair comment, the DOJ said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried Won't Face Campaign Finance Charge, U.S. DOJ SaysThe U.S. Department of Justice said late Wednesday it did 'not intend to proceed' with a campaign finance charge against FTX founder Sam Bankman-Fried, due to extradition treaty obligations with The Bahamas. nikhileshde reports
Read more »
DOJ Drops Campaign Finance Charge Against Sam Bankman-FriedThe U.S. Department of Justice (DOJ) informed a federal judge late Wednesday it did 'not intend to proceed' with a campaign finance charge against disgraced FTX founder and Democrat super donor Sam Bankman-Fried.
Read more »
Judge imposes gag order on Sam Bankman-Fried as prosecutors allege witness tampering: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rebecca Rettig, chief legal officer at Polygon Labs, discusses the firm's 'Value Prop' tool, which lays out use cases for the crypto industry.
Read more »
Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violationsA judge is weighing whether to revoke Sam Bankman-Fried’s bail. It's under consideration after prosecutors said Wednesday that the FTX founder used the press to harass a key witness against him and should be locked up until trial.
Read more »
Sam Bankman-Fried to have campaign donation charge dropped: ProsecutorsUS prosecutors are planning to drop one of the charges against SBF_FTX relating to alleged illicit campaign financing, but the FTX co-founder still faces 12 charges across two trials.
Read more »
FTX co-founder Sam Bankman-Fried should be jailed until trial, prosecutor arguesA judge in New York is weighing whether to revoke Sam Bankman-Fried's bail after prosecutors say the FTX co-founder used the news media to harass a key witness against him and that he should be locked up until trial.
Read more »