U.S. prosecutors have asked a federal judge to put crypto exchange FTX founder Sam Bankman-Fried in jail over alleged witness tampering before his trial starts in October. While requiring the prosecution to formalize the request and giving the defense enough time to make its case, the judge issued a temporary gag order restricting their public comments.
Prosecutors Seek Sam Bankman-Fried’s Detention Over Witness-Tampering Allegations
During a hearing on Wednesday, prosecutors in the case against Sam Bankman-Fried (SBF), founder and former chief executive of the failed digital asset exchange FTX, asked U.S. District Court Judge Lewis Kaplan to send the crypto entrepreneur to jail.
SBF has been living under house arrest in his parents’ home in Palo Alto, California since December 2022 when he was released on a $250 million bond. His trial on criminal charges linked to the collapse of the crypto trading platform is scheduled to begin in October.
The prosecution is seeking modificatio
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