In a stunning turn of events, FTX founder Sam Bankman-Fried has been ordered to await trial behind bars after a bail hearing revealed alleged attempts to influence witnesses against him, according to a recent report by the St. Louis Post.
The decision, made by US District Judge Lewis A. Kaplan, came after prosecutors presented evidence suggesting Bankman-Fried had engaged in harassment tactics, including disclosing the private writings of a key witness to a journalist.
FTX Founder Sentenced To Jail
Bankman-Fried, a 31-year-old cryptocurrency entrepreneur, had been under house arrest at his parent’s residence in Palo Alto, California, since his extradition from the Bahamas in December.
Facing charges of defrauding investors and diverting millions of dollars worth of cryptocurrency through his FTX exchange, Bankman-Fried had been operating under strict bail conditions, including limited internet and phone access.
Prosecutors…
