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Sam Bankman-Fried is going to jail

NewsTech

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Reading time: 1 min.
Sam Bankman-Fried.

Enlarge / Sam Bankman-Fried. (credit: Bloomberg / Contributor | Bloomberg)

A federal judge in New York today ordered disgraced FTX founder Sam Bankman-Fried's to jail after revoking his bail, The New York Times reported.

Bankman-Fried had been under house arrest, but prosecutors convinced Judge Lewis A. Kaplan of the Federal District Court in Manhattan that Bankman-Fried had fed documents to the media in order to intimidate a witness in the case. Now Bankman-Fried has to prepare his defense to 13 criminal charges from jail.

In June, Bankman-Fried filed a motion to dismiss, hoping that some of those charges would be dropped. But Kaplan decided that his arguments in the motion were "either moot or without merit,” CNN reported.

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