Sam Bankman-Fried sent to jail for witness tampering

FTX Founder Sam Bankman-Fried (SBF) was despatched to jail Friday after the decide overseeing his case revoked his bail. US District Decide Lewis Kaplan discovered possible trigger that the disgraced former CEO repeatedly tampered with witnesses. As well as, Kaplan rejected Bankman-Fried’s attorneys’ request to delay his detention pending attraction.

Prosecutors argued that Bankman-Fried tried to harass an important witness final month when he showed a New York Times reporter the private writings of his former companion Caroline Ellison, a cooperating witness who pleaded responsible in December to legal expenses associated to defrauding FTX traders. The prosecution stated SBF’s actions had been an try to break her status and affect potential jurors. In the meantime, SBF’s protection staff accused prosecutors of utilizing proof laden with “innuendo, hypothesis, and scant information.” Decide Kaplan sided with prosecutors, saying Bankman-Fried tried to “tamper with witnesses no less than twice.”

Reuters reports that the 31-year-old former FTX boss was ushered out of the court docket by US Marshals “after eradicating his shoelaces, jacket and tie and emptying his pockets.” The previous CEO had been below home arrest in California (at his mother and father’ residence in Palo Alto) since he was extradited in December following his arrest within the Bahamas final December. His $250 million bail package deal tightly managed his web utilization.