Judge Orders Sam Bankman-Fried to Jail for Interfering with Witnesses Ahead of Fraud Trial

A federal judge in New York ordered Sam Bankman-Fried to jail after revoking bail for the disgraced founder of collapsed cryptocurrency exchange FTX. He had been under house arrest at his parents’ home in Palo Alto, California, while awaiting his October trial on fraud and money laundering charges. The judge said Bankman-Fried twice tried to interfere with witnesses in his case, including giving reporters documents. Bankman-Fried is accused of using deposits in FTX for real estate purchases, political and charitable donations.

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