Sam Bankman-Fried is going to jail
Sam Bankman-Fried, founder of FTX, ordered to jail after bail revocation.
Key points:
- 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.
- Bankman-Fried's motion to dismiss some of the charges against him was denied by the judge.
- The court found that Bankman-Fried had tampered with witnesses and his communications with the media led to a request for a gag order.