FTX founder Sam Bankman-Fried jailed after bail revoked | Business

ED JONES/AFP via Getty ImagesBankman-Fried has pleaded not guilty to charges of wire fraud and conspiracy to commit money laundering, and election finance violations.For more financial news, go to the A US federal judge on Friday ordered FTX founder Sam Bankman-Fried back to prison less than two months before his trial on fraud charges, revoking the disgraced cryptocurrency tycoon's bail over alleged attempts to tamper with witnesses.

US District Judge Lewis Kaplan justified the revocation of bail by citing"probable cause... that the defendant has committed the federal crime of attempted witness tampering," the ruling said. Bankman-Fried"crossed a line toward improperly influencing those prospective jurors and intimidating a witness and sending a message to other prospective witnesses," it said.In response, attorneys for Bankman-Fried said the government's position flouted the First Amendment and that returning the defendant to jail would mar his ability to mount a defense.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Biden signs executive order that 'narrowly targets' Chinese companies - htxtHopes that the Biden administration would be more lenient on Chinese firms takes another blow as new executive order is signed.
Sumber: htxtafrica - 🏆 42. / 51 Baca lebih lajut »

Former Khulubuse Zuma business associate found in contempt of court | The Citizen⚖️Khulubuse Zuma's former business associate has been found in contempt of court for failing to hand over two vehicles to Standard Bank🚔🏦💶 TheCitizenNews StandardBank crimeinsa corruption Catch up on the story⬇️
Sumber: TheCitizen_News - 🏆 6. / 75 Baca lebih lajut »