Sam Bankman-Fried — one month after being locked up — loses bid for pretrial release

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Sam Bankman-Fried — one month after being locked up — loses bid for pretrial release
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Bankman-Fried has said the conditions of his confinement at Brooklyn’s Metropolitan Detention Center have made it impossible for him to adequately review prosecutors’ evidence against h…

Sam Bankman-Fried arriving at court on Aug. 11. He was jailed that day after a judge found that he likely tampered with witnesses at least twice.Ellison, the former chief executive of Bankman-Fried’s Alameda Research hedge fund, has pleaded guilty to fraud charges over the November 2022 collapse of FTX and Alameda and is expected to testify against him at trial.

Bankman-Fried has said he shared the documents to protect his reputation, not to intimidate Ellison. He has . A three-judge panel from the 2nd US Circuit Court of Appeals is expected to hear arguments in that case on Sept. 19.Federal prosecutors in Manhattan say Bankman-Fried stole billions of dollars in FTX customer funds to plug losses at Alameda, buy real estate, and donate to political campaigns in a bid to burnish his influence in Washington.Share this article:

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