BREAKING: Bankman-Fried despatched to jail after decide revokes bail

• Decide Lewis Kaplan has revoked former FTX CEO Sam Bankman-Fried’s bail.
• The decide has additionally denied the defence’s request to delay Bankman-Fried’s detention pending enchantment.
• Bankman-Fried, whose prison trial begins on October 2, will probably be jailed at Putnam.

Decide Lewis Kaplan has revoked the bail granted to former FTX CEO Sam Bankman-Fried, and ordered his detention after a listening to over alleged witness tampering. CNBC reported the event on Friday.

Decide sands Bankman-Fried to jail

Decide Kaplan on Friday dominated in favour of a movement filed by federal prosecutors after the federal government complained about Bankman-Fried’s potential to tamper with each witnesses and the jury in his upcoming prison trial.

In denying the defendant’s plea for a delayed detention forward of an enchantment, Decide Kaplan mentioned that SBF had tried to intrude with witnesses on at the least two events.

Bankman-Fried is to be remanded on the Putnam jail pending his enchantment and forward of the October 2 trial. Prosecutors mentioned the ex-FTX chief could have entry to the web on the facility as he prepares his defence, which might not be the case at MDC that’s closest to the court docket however affords restricted web entry.

Inside Metropolis Press has reported that defence attorneys already filed an enchantment.

SBF enchantment of remand to jail filed lower than an hour after handcuffs, $505 submitting price paid – Inside Metropolis Press will observe the enchantment within the Second Circuit, too https://t.co/YF01ftwGhX pic.twitter.com/aOsit518gR

— Inside Metropolis Press (@innercitypress) August 11, 2023

As CoinJournal highlighted in July, prosecution had sought to have Bankman-Fried’s bail revoked and he be jailed following cases of alleged witness tampering. The DOJ had allleged that SBF leaked the non-public diary of his former colleague and now star federal witness Caroline Alison to a New York Instances reporter.

Based on the federal government, the disgraced ex-billionaire’s aim was to discredit Alison and probably have an effect on the jurors. Over the last listening to, Decide Kaplan had warned Bankman-Fried about his behaviour, noting the bail may very well be revoked.