Bankman-Fried loses bid to get out of jail, appeals court will hear case

US District Judge Lewis Kaplan on Aug. 11 revoked Bankman-Fried's $250 million bail after finding that the former billionaire likely tampered with witnesses at least twice.

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023.

(photo credit: REUTERS/ANDREW KELLY)

ByREUTERS

SEPTEMBER 6, 2023 21:06

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