Judge Reveals SBF Tampered With Witnesses And Is A Threat To General Public• August 12, 2023 10:50 pm • Comments
A federal judge revoked disgraced FTX founder Sam Bankman-Fried’s bail after it was discovered he tried to influence witnesses who are set to testify against him.
Judge Lewis Kaplan stated he revoked SBF’s bail because the disgraced FTX founder broke the conditions of his bail on numerous occasions.
Kaplan went even further and stated as a judge he “could no longer ensure the protection of the community, including prosecutors’ witnesses unless the 31-year-old was behind bars.”
After the ruling was handed down, SBF took off his suit coat and watch and exchanged them for a pair of handcuffs.
— CTV News (@CTVNews) August 11, 2023
FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him.
Bankman-Fried drooped his head as Judge Lewis A. Kaplan explained at length why he believed the California man had repeatedly pushed the boundaries of his $250 million bail package to a point thatAfter. Kaplan could no longer ensure the protection of the community, including prosecutors’ witnesses, unless the 31-year-old was behind bars.
After the hearing ended, Bankman-Fried took off his suit jacket and tie and turned his watch and other personal belongings over to his lawyers. The clanging of handcuffs could be heard as his hands were cuffed in front of him. He was then led out of the courtroom by U.S. marshals.
— Orlando Sentinel (@orlandosentinel) August 11, 2023
A federal judge has reportedly revoked former FTX CEO Sam Bankman-Fried’s bail following the release of information to New York Times reporters in an alleged attempt to intimidate witnesses.
According to reports of individuals present at an Aug. 11 hearing in the United States District Court for the Southern District of New York, Judge Lewis Kaplan ordered Bankman-Fried’s bail revoked, suggesting he will be held in jail through the end of his two trials for fraud related to his activities at FTX. Prosecutors had been pushing for the revocation of Bankman-Fried’s $250 million bail, which had kept him out of custody since his arraignment in December 2022.
Kaplan reportedly said that Bankman-Fried’s interviews with New York Times reporters resulted in sharing information with the likely intention “to hurt and frighten” former Alameda Research CEO Caroline Ellison, his former colleague and girlfriend. Bankman-Fried’s legal team confirmed he had provided the reporters with some of the published information, which led Kaplan to impose a gag order preventing extrajudicial statements related to the criminal case.
Assistant U.S. Attorney Danielle Sassoon reportedly cited Bankman-Fried’s violations of previous bail conditions, which included a message on the Signal app to FTX US general counsel Ryne Miller in January, using a virtual private network for his internet activity and releasing information to reporters aimed at intimidating Ellison. Sassoon added that the Putnam County Correctional Facility was prepared to offer Bankman-Fried, who also goes by “SBF,” a laptop should the judge order him remanded but also suggested home detention with restrictions on Google Drive was an option.
U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried's bail revoked after prosecutors said he'd tried to harass a key witness in his fraud case last month. Here's more. https://t.co/ac1psKjxa5
— Yahoo News (@YahooNews) August 11, 2023
On a side note SBF appears to not even know how to get out of his car:
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