Sky News
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Outside court as judge revokes FTX founder Sam Bankman-Fried's $250 bail
Posted
August 11, 2023
Views
23,716
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69
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40
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August 11, 2023
23,716
69
40
0.46%
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1:58:30Now PlayingDisgraced FTX founder Sam Bankman-Fried has had his $250m (£197m) bail revoked and has been sent to jail after alleged witness tampering.
US District Judge Lewis Kaplan made the decision after prosecutors said he had tried to harass a key witness in his fraud case last month.
Bankman-Fried, 31, was charged with defrauding investors in the US after he allegedly stole billions of dollars - spending tens of millions on political donations.
Read more here:
FTX founder has bail revoked for alleged witness tampering👉
How FTX founder went from starstudded £21bn empire to being charged 👉
#FTX #sambankmanfried #crypto #cyrptocurrency
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