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Sam Bankman-Fried Jailed Ahead of Trial

FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond Friday afternoon, saying the former crypto heavyweight appears to have tried to tamper with witnesses. Bankman-Fried is willing "to risk crossing the line in an effort to get right up to, wherever it is," said Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York. Barbara Fried and Joseph Bankman, Bankman-Fried’s parents, were present during the hearing. Bankman-Fried, appeared in court on Friday after the U.S. Department of Justice moved to send him back to jail.

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