Main topic: Sam Bankman-Fried, founder of FTX, ordered to jail after bail revocation.
Key points:
1. Bankman-Fried had been under house arrest but was sent to jail after prosecutors convinced the judge that he had fed documents to the media to intimidate a witness.
2. Bankman-Fried's motion to dismiss some of the charges against him was denied by the judge.
3. The court found that Bankman-Fried had tampered with witnesses and his communications with the media led to a request for a gag order.
Sam Bankman-Fried, founder of FTX, is requesting daily access to devices and internet in order to work on his defense after facing new charges following a superseding indictment; however, the judge has only granted him limited access so far.
Sam Bankman-Fried, the founder of FTX, pleaded not guilty to fraud and money laundering charges related to the collapse of his cryptocurrency empire, with the new indictment accusing him of misusing customer funds for personal purposes.
FTX founder Sam Bankman-Fried's lawyers claim that prosecutors delivered four million pages of documents for him to examine six weeks before trial, making it impossible for him to adequately review the evidence from prison. Bankman-Fried is accused of intentionally deceiving customers and investors and playing a central role in the collapse of his company. His lawyers have requested his release to prepare for trial.
Sam Bankman-Fried has appealed his pre-trial detention, claiming that he was being punished for exercising his right to free speech, after sharing personal writings with a reporter to defend his reputation in the collapse of his FTX cryptocurrency exchange.
Sam Bankman-Fried's lawyers have appealed a judge's decision to send him to jail while he awaits trial over allegations related to the collapse of his former crypto exchange FTX, with the judge revoking his bail due to tampering with witnesses and harassment attempts.
The defense team of Sam Bankman-Fried, the former FTX CEO, failed to win any major concessions in a hearing regarding his difficulties in preparing for his trial from jail, as the judge declined to release him but requested briefing on the conditions in the detention facility to determine if temporary release is warranted.
A U.S. judge is considering delaying the criminal fraud trial of Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, after his lawyers complained about the lack of time to review millions of pages of evidence.
Sam Bankman-Fried, founder of bankrupt cryptocurrency exchange FTX, has lost his bid to be released from jail ahead of his criminal trial over the collapse of FTX.
Former FTX CEO Sam Bankman-Fried's bail has been revoked by the New York South District court due to multiple instances of violating bail conditions, with prosecutors claiming he could attempt witness tampering and that no release conditions would ensure the safety of witnesses.
Sam Bankman-Fried will remain in jail until federal appellate judges decide on his motion for pretrial release, following his appeal of the revocation of his bail in relation to financial crimes connected to his crypto exchange's collapse.
FTX founder Sam Bankman-Fried's lawyers claim that prosecutors have failed to provide him with the necessary computer resources to prepare for his upcoming trial related to the collapse of a crypto exchange, as he remains in jail awaiting trial.
Former FTX CEO Sam Bankman-Fried's lawyers have requested a pre-trial release, citing a lack of adequate internet connectivity in jail, which they argue hinders their defense preparation and leads to a loss of time.
The U.S. Department of Justice is accused by defense attorneys of preventing FTX founder Sam Bankman-Fried from having a fair trial by attempting to disqualify proposed expert witness testimony, according to a filing.
Disgraced former FTX CEO Sam Bankman-Fried, currently in custody and awaiting trial, feels broke and hated, with no hope of changing the public perception of him, according to leaked writings that detail his justifications over the collapse of FTX and his alleged misdeeds.
Former FTX CEO Sam Bankman-Fried reportedly drafted a 15,000-word Twitter thread that he never posted, detailing his life under house arrest and his thoughts on FTX's bankruptcy case, according to documents provided by crypto influencer Tiffany Fong. The drafts also revealed personal information about Bankman-Fried's relationship with former Alameda Research CEO Caroline Ellison, who will testify in his criminal trial starting in October. Bankman-Fried has pleaded not guilty to fraud charges, while Ellison and others have already pleaded guilty to similar charges.
FTX cryptocurrency exchange founder Sam Bankman-Fried has been restricted by a US judge in his ability to call expert witnesses at his criminal fraud trial, with three proposed witnesses deemed irrelevant or potentially confusing to the jury.
FTX founder Sam Bankman-Fried's request to be released from jail before his trial was denied by an appeals court, marking his second setback of the day as judge also blocked his proposed expert witnesses.
Former cryptocurrency billionaire Sam Bankman-Fried's bail has been revoked and he will remain in custody pending trial for charges of fraud and conspiracy related to the collapse of cryptocurrency exchange FTX.
Former FTX CEO Sam Bankman-Fried's defense team may be able to call precluded witnesses in response to the government's testimony, as ruled by Judge Lewis Kaplan in the criminal trial against Bankman-Fried for alleged misuse of user funds.
