Disgraced Crypto Scammer Sam Bankman-Fried Jailed Over Witness Tampering

Bankman-Fried will be held in jail ahead of his October trial

The Post Millennial

(PM.) Sam Bankman-Fried is headed to jail on Friday after a judge sided with a request by prosecutors to bar his bail over alleged witness tampering, according to CNBC.

Judge Lewis Kaplan slapped down Bankman-Fried’s ask for delayed detention pending an appeal. Since the FTX founder’s arrest in December, he’s been out on a $250 million bail package, which required him to stay at his parents’ home in Palo Alto, California.

Bankman-Fried’s court appearance on Friday was just the latest in a slew of pre-trial hearings related to the former billionaire’s dealings with the press. The Justice Department has characterized Bankman-Fried as demonstrating a “pattern of witness tampering and evading his bail conditions.”

Kaplan had previously given stern warnings to Bankman-Fried on holding conversations with the media.

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