Federal Judge to Consider Revoking Bail for Sam Bankman-Fried
posted 27 Jul 2023
A federal judge overseeing the criminal case against Sam Bankman-Fried is set to review the possibility of revoking the former FTX CEO’s $250 million bail following allegations of intimidation against Caroline Ellison.
Additionally, federal prosecutors in New York have requested that Sam Bankman-Fried be jailed before his scheduled October trial.
During a hearing at the federal court in Manhattan, prosecutor Danielle Sassoon asserted that no set of release conditions can ensure the safety of the community.
Additionally, federal prosecutors in New York have requested that Sam Bankman-Fried be jailed before his scheduled October trial.
During a hearing at the federal court in Manhattan, prosecutor Danielle Sassoon asserted that no set of release conditions can ensure the safety of the community.
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