U.S. News

Fed-Up Prosecutors Want Misbehaving Sam Bankman-Fried Locked Up

‘CROSSED A LINE’

The fallen crypto kingpin has repeatedly pissed off prosecutors with his antics.

Former FTX billionaire Sam Bankman-Fried.
REUTERS/Mike Segar

Prosecutors have lost their patience with fallen billionaire Sam Bankman-Fried and have asked a judge to remand him before his trial starts in the fall. The latest controversy involves Bankman-Fried’s alleged decision to leak documents about his ex-lover and fellow crypto executive Caroline Ellison to The New York Times. He previously irked officials by using a VPN to access the internet—supposedly to watch the Super Bowl—and by contacting the former general counsel of his old firm FTX. In court on Wednesday, federal prosecutors argued that Bankman-Fried had “now crossed a line” with his media antics, according to Courthouse News reporter Josh Russell. Said one assistant U.S. attorney: “There is no set of conditions short of detention to ensure the safety of the community.”

Read it at Courthouse News

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