2023-08-11 20:09:50
Updated on 08/11/23 at 10:32 p.m.
The former boss of the cryptocurrency trading platform FTX, Sam Bankman-Fried, was returned to prison on Friday by a federal judge in New York who found that he had violated the rules of his parole. The prosecutor’s office was behind this appeal to have the conditional release overturned, accusing Sam Bankman-Fried of witness tampering.
According to the prosecutor, he notably transmitted documents to the New York Times to try to influence the testimony of Caroline Ellison, a former executive of his investment company Alameda who was indicted and agreed to cooperate with US authorities. At the end of the hearing, Judge Lewis Kaplan of the Southern District of New York “ordered that the accused be taken into custody by the US Marshalls”, the federal security agency responsible for prisoners.
Pending his trial, he had been placed under house arrest with his parents in California following paying bail of 250 million dollars. Indicted in particular for fraud and criminal association, “SBF”, his nickname, had been extradited at the end of December 2022 from the Bahamas, where the headquarters of FTX was located. He has pleaded not guilty to all charges once morest him over the months. His trial is due to begin in October in New York.
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