Prosecutors urge judge to jail Sam Bankman-Fried, saying there are no conditions to stop him from witness tampering - News Summed Up

Prosecutors urge judge to jail Sam Bankman-Fried, saying there are no conditions to stop him from witness tampering


Federal prosecutors urged a judge to revoke Sam Bankman-Fried’s bail to stop him from tampering with witnesses before his criminal fraud trial, saying there are likely no conditions that the cryptocurrency entrepreneur will abide by to satisfy their concerns. The additional arguments were made in a court filing Friday — following a hearing on Wednesday when prosecutors first asked the judge to detain the co-founder of FTX. “The defendant’s argument that the defendant did nothing other than exercise his First Amendment rights is a red herring. Witness tampering is not constitutionally protected speech,” prosecutors wrote. The charges against Bankman-Fried stem from what prosecutors have characterized as one of the biggest financial frauds in US history.


Source: CNN July 29, 2023 05:09 UTC



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