Sam Bankman-Fried Jailed for Tampering with Evidence

Watcher.Guru
Source: CNBC

Sam Bankman-Fried has been jailed for tampering with witnesses and evidence during his trial.

United States District Judge Lewis Kaplan issued the ruling Friday afternoon on prosecutors’ request to revoke Bankman-Fried’s bail after they accused him of trying to intimidate witnesses in the run-up to his trial. Fried was previously serving house arrest at his California home.

Fried’s use of a private VPN while on house arrest was also brought into question.

Sam Bankman-Fried Asks Judge Not Ban Communication With Ex-Colleagues
Source: ABC News

Prosecutors say that Fried shared confidential documents belonging to Caroline Ellison with the New York Times. This activity was part of an ongoing media strategy.

At the ruling, Judge Kaplan said “All things considered I am going to revoke bail.”

Also Read: Sam Bankman-Fried: Being Sent to Jail Violates ‘Free Speech Right’

Bankman-Fried, who has pleaded not guilty to multiple conspiracy and fraud charges, is set to go to trial in October. His case is widely regarded as one of the biggest cases of fraud in US History.