1 year ago
FTX co-founder Sam Bankman-Fried was taken into custody and his bail was rescinded connected Friday, successful anticipation of his proceedings scheduled for October. Matthew Russell Lee of the Inner City Press disclosed a synopsis of the August 11 proceeding connected the societal media outlet X, wherever Bankman-Fried’s ineligible counsel revealed that the attorneys intended to situation the ruling. However, contempt these intentions, Bankman-Fried was subsequently taken into custody by the U.S. Marshals.
Sam Bankman-Fried Remanded to Jail After Bail Revocation
In the past fortnight, the ineligible squad prosecuting the lawsuit against Sam Bankman-Fried has been striving to incarcerate the erstwhile FTX CEO connected grounds of suspected witnesser tampering. Bankman-Fried disseminated selected passages from an online diary penned by erstwhile Alameda CEO Caroline Ellison to a New York Times journalist.
The Department of Justice (DOJ) has asserted that these leaked fragments were designed to cattle a witnesser slated to attest against the one-time caput of FTX. Since these excerpts surfaced, a heated statement has ensued betwixt the parties, arsenic they spar implicit whether Bankman-Fried’s enactment constitutes a specified workout of escaped code oregon a deliberate effort astatine witnesser intimidation.
According to an X thread published by Matthew Russell Lee of the Inner City Press, the justice presiding implicit the lawsuit has decided to remand Bankman-Fried to jail. Just earlier mentioning the revocation, the justice mentioned Bankman-Fried leveraging a VPN to ticker television.
“[Bankman-Fried] subscribed from the Bahamas and utilized a VPN arsenic if helium were successful the Bahamas erstwhile helium was successful Palo Alto and could person watched it connected nationalist TV. It shows the mindset. All things considered, I americium going to revoke bail,” the justice said successful a punctuation cited by the Inner City Press.
Then the justice and the U.S. authorities discussed sending Bankman-Fried to the Metropolitan Detention Center (MDC) oregon Putnam County Correctional Facility. The treatment concerning which jailhouse to nonstop him was astir whether oregon not Bankman-Fried could inactive entree a laptop.
“The FBI would assistance with transporting him to Putnam. During trial, successful the MDC,” the authoritative said and the justice agreed. The authoritative further noted that determination was “a crushed for concern,” and further stated “who knows what mischief helium could execute successful the adjacent fewer days.”
Russell Lee past elaborate that aft the judge’s determination was made, U.S. Marshals moved successful to apprehension Bankman-Fried. He had to instrumentality disconnected his overgarment and necktie and region his shoelaces. “Now, inactive successful [the] courtroom, handcuffs are applied to Sam Bankman-Fried. He’s taken retired the door,” Russell Lee’s relationship of the proceedings explained.
What bash you deliberation astir Sam Bankman-Fried being taken into custody? Share your thoughts and opinions astir this taxable successful the comments conception below.
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