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DOJ Seeks Jail Time For Sam Bankman-Fried Citing NYT Article Debacle

The United States Department of Justice is seeking the revocation of Sam Bankman-Fried’s bail due to his role in an article published by the New York Times last month that has stirred up controversy over the past two weeks. In a recent letter to SDNY Judge Lewis Kaplan, federal prosecutors from the Justice Department cited multiple attempts by the disgraced FTX founder to tamper with witnesses and urged the judge to put him behind bars. 

DOJ Wants Sam Bankman-Fried Detained Pending Trial In OctoberThe Department of Justice highlighted the acknowledgment by Sam Bankman-Fried’s defense team regarding his involvement in the New York Times article on former Alameda Research CEO Caroline Ellison. Bankman-Fried provided Ellison’s diary to NYT, which contained private writings about her time at the now-defunct crypto firm.

Federal prosecutors told Judge Kaplan that the FTX founder shared Ellison’s private writings to influence the public’s perception of her, given that she is set to testify against him after pleading guilty in the lawsuit against FTX. The prosecutors believe that Bankman-Fried’s actions amount to a federal felony while out on bail, and asked Judge Kaplan to revoke the same till his trial hearings begin on October 2, 2023.

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271 viewsAug 6, 2023 at 08:00

DOJ Seeks Jail Time For Sam Bankman-Fried Citing NYT Article Debacle

The United States Department of Justice is seeking the revocation of Sam Bankman-Fried’s bail due to his role in an article published by the New York Times last month that has stirred up controversy over the past two weeks. In a recent letter to SDNY Judge Lewis Kaplan, federal prosecutors from the Justice Department cited multiple attempts by the disgraced FTX founder to tamper with witnesses and urged the judge to put him behind bars. 

DOJ Wants Sam Bankman-Fried Detained Pending Trial In OctoberThe Department of Justice highlighted the acknowledgment by Sam Bankman-Fried’s defense team regarding his involvement in the New York Times article on former Alameda Research CEO Caroline Ellison. Bankman-Fried provided Ellison’s diary to NYT, which contained private writings about her time at the now-defunct crypto firm.

Federal prosecutors told Judge Kaplan that the FTX founder shared Ellison’s private writings to influence the public’s perception of her, given that she is set to testify against him after pleading guilty in the lawsuit against FTX. The prosecutors believe that Bankman-Fried’s actions amount to a federal felony while out on bail, and asked Judge Kaplan to revoke the same till his trial hearings begin on October 2, 2023.

BY EDU COIN