Sam Bankman-Fried goes to jail

Sam Bankman-Fried.

Enlarge / Sam Bankman-Fried. (credit score: Bloomberg / Contributor | Bloomberg)

A federal decide in New York at the moment ordered disgraced FTX founder Sam Bankman-Fried’s to jail after revoking his bail, The New York Occasions reported.

Bankman-Fried had been beneath home arrest, however prosecutors satisfied Choose Lewis A. Kaplan of the Federal District Courtroom in Manhattan that Bankman-Fried had fed paperwork to the media in an effort to intimidate a witness within the case. Now Bankman-Fried has to organize his protection to 13 legal expenses from jail.

In June, Bankman-Fried filed a movement to dismiss, hoping that a few of these expenses could be dropped. However Kaplan determined that his arguments within the movement had been “both moot or with out advantage,” CNN reported.

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