Federal Judge to Consider Revoking Bail for Sam Bankman-Fried

posted  27 Jul 2023
Photo - Federal Judge to Consider Revoking Bail for Sam Bankman-Fried
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.