Federal prosecutors on Wednesday asked a judge to have Sam Bankman-Fried jailed ahead of his trial over the collapse of his FTX cryptocurrency exchange, saying he had 'crossed a line' by communicating too often with the press and trying to intimidate a witness.
Indicted FTX founder Sam Bankman-Fried exits United States Court in New York City, New York, U.S., June 15, 2023. REUTERS/Mike Segar/File Photo
At a hearing before U.S. District Judge Lewis Kaplan in Manhattan federal court, prosecutor Danielle Sassoon from the U.S. Attorney's office said Bankman-Fried has had more than 1,000 phone calls with journalists. Mark Cohen, a lawyer for Bankman-Fried, said his client was trying merely to protect his reputation, and that it "really would be almost impossible" to prepare for trial if Bankman-Fried were jailed.
Bankman-Fried has pleaded not guilty to charges he stole billions of dollars in FTX customer funds to plug losses at Alameda,John Ray, FTX's current chief executive, had been among those witnesses, but prosecutors said they do not intend to call him to testify.
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.
U.S. seeks detention of FTX's Sam Bankman-Fried pending trialFederal prosecutors in New York on Wednesday asked a judge to order Sam Bankman-Fried to be jailed ahead of his scheduled October trial over the collapse of his FTX cryptocurrency exchange.
Read more »
Sam Bankman-Fried's lawyers defend Caroline Ellison diary leaks to NYTSam Bankman-Fried 'did nothing wrong' by leaking his ex-girlfriend's diary entries to New York Times: lawyers
Read more »
Sam Bankman-Fried faces potential gag order after witness-tampering allegations | CNN BusinessA federal judge is set to consider a gag order on former FTX CEO Sam Bankman-Fried after prosecutors accused him of leaking his former girlfriend and business partner’s personal writings to the New York Times.
Read more »
Fed-Up Prosecutors Want Misbehaving Sam Bankman-Fried Locked UpProsecutors have lost their patience with fallen billionaire Sam Bankman-Fried and have asked a judge to remand him before his trial starts in the fall.
Read more »
Prosecutors ask judge to detain Sam Bankman-Fried: reportsFederal prosecutors asked a federal judge to order Sam Bankman-Fried to be jailed, months before the former FTX CEO is set to stand trial.
Read more »
Judge mulls gag order as lawyers confirm Bankman-Fried leaked diaryA federal judge will soon decide whether former FTX CEO Sam Bankman-Fried will be banned from talking publicly about his case after the Justice Department accused him of leaking the private diary of a former colleague.
Read more »