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

Musk’s  trillion pay package renews focus on soaring CEO compensation
Technology

Musk’s $1 trillion pay package renews focus on soaring CEO compensation

Elon Musk’s pay package of up to $1 trillion highlights the continued escalation in CEO compensation, even as worker pay slows and rewards to shareholders remain mixed, according to several studies.   Already, Musk is the richest person on the planet with a net worth that tops $660 billion, according to Bloomberg. Musk saw his […]

Read More
Meta’s Reality Labs cuts sparked fears of a ‘VR winter’
Technology

Meta’s Reality Labs cuts sparked fears of a ‘VR winter’

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its […]

Read More
Nvidia director Persis Drell resigns with  million worth of stock after decade on board
Technology

Nvidia director Persis Drell resigns with $26 million worth of stock after decade on board

Signage ahead of the Nvidia Live event at CES 2026 in Las Vegas, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia director Persis Drell, an engineering professor at Stanford, resigned on Wednesday after just over a decade on the chipmaker’s board of directors, the company said in a filing with the SEC […]

Read More