Prosecutors urge judge to jail Sam Bankman-Fried, saying there are no conditions to stop him from witness tampering | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Federal prosecutors urged a judge to revoke Sam Bankman-Fried’s bail to stop him from tampering with witnesses before his criminal fraud trial, saying there are likely no conditions he will abide by to satisfy their concerns

“The defendant’s attempts to tamper with witnesses and interfere with the Government’s and public’s right to a fair trial and the due administration of justice, and his pattern of circumventing his bail conditions in that pursuit, demonstrate that no set of pretrial release conditions can adequately assure the safety of the community and that the defendant is unlikely to fully abide by any conditions of release,” prosecutors wrote.

Prosecutors point to a series of actions taken by Bankman-Fried, including contacting potential witnesses against him, using a virtual private network to subvert monitoring, and speaking with a reporter about former FTX executive Caroline Ellison, who has pleaded guilty and will testify against him. Bankman-Fried’s attorneys argued that he has a right to defend himself and to speak with reporters.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal prosecutors drop campaign finance charges against big Democratic donor Sam Bankman-FriedFederal prosecutors have dropped campaign finance charges against Sam Bankman-Fried, the founder of crypto exchange FTX. The accused crypto-fraudster was the second-biggest donor to Democratic campaigns in 2022.
Source: MarketWatch - 🏆 3. / 97 Read more »