Prosecutors question federal judge to jail Sam Bankman-Fried about witness tampering

Prosecutors question federal judge to jail Sam Bankman-Fried about witness tampering


FTX Founder Sam Bankman-Fried comes at Manhattan Federal Courtroom for a court overall look in New York, United States on June 15, 2023. 

Fatih Aktas/ | Anadolu Company | Getty Photographs

Federal prosecutors questioned a choose to revoke FTX founder Sam Bankman-Fried’s bail in a Manhattan court docket submitting Friday, proclaiming that the billionaire had violated the terms of the release and frequently tampered with witnesses.

“What the defendant might not do, and what he has now finished regularly, is find to corruptly impact witnesses and interfere with a reasonable trial via attempted public harassment and shaming,” prosecutors wrote.

If granted, the purchase from U.S. District Judge Lewis A. Kaplan would return Bankman-Fried to jail, months right after his extradition from the Bahamas and forward of his envisioned October trial. Bankman-Fried, whose crypto company sank into bankruptcy past calendar year, faces multiple fraud and revenue laundering prices over his purpose in the implosion of the multibillion-greenback trade.

A federal prosecutor argued in court Wednesday that “no established of launch disorders can assure the basic safety of the neighborhood.”

Prosecutors and Bankman-Fried’s team met in federal court Wednesday following Bankman-Fried leaked the private diaries of his former girlfriend, Caroline Ellison, to a New York Moments reporter. Bankman-Fried is barred below the conditions of his bail from standard smartphone accessibility and has restricted world-wide-web entry qualities.

Federal prosecutors alleged that Bankman-Fried’s only intent in sharing Ellison’s diary was to intimidate her.

Ellison, who was the best executive at Bankman-Fried’s hedge fund, has pleaded guilty to federal fraud fees and is cooperating with the government’s prosecution of Bankman-Fried.

Watch: FTX sues previous execs to recoup millions

FTX sues former execs to recoup millions, and banks push to tokenize Wall Street: CNBC Crypto World



Supply

Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO
Technology

Elon Musk’s SpaceX acquiring AI startup xAI ahead of potential IPO

A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration’s (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA’s Kennedy Space Center, Florida, June 25, 2024.  Miguel J. Rodriguez Carrillo | AFP | Getty Images Elon Musk is combining rocket maker SpaceX with his artificial […]

Read More
Palantir beats fourth-quarter estimates on the strength of AI and defense demand
Technology

Palantir beats fourth-quarter estimates on the strength of AI and defense demand

Palantir Technologies CEO Alex Karp attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Palantir topped Wall Street’s fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools. Here’s how the company did versus LSEG estimates: Earnings per share: […]

Read More
Palantir is set to report earnings after the market close. What Wall Street expects
Technology

Palantir is set to report earnings after the market close. What Wall Street expects

Palantir Technologies is facing an earnings test after its recent slump. Shares of Palantir have lost 25% in the past three months amid a broader decline in software stocks , which are among the S & P 500’s worst performers year to date on concerns of artificial intelligence disruption. One popular technical metric showed that Palantir […]

Read More