2023-08-11 22:40:43
Sam Bankman-Fried, ex-CEO of the FTX cryptocurrency platform, in New York, January 3, 2023. TIMOTHY A. CLARY / AFP
The former boss of the FTX cryptocurrency trading platform, Sam Bankman-Fried, was returned to prison on Friday August 11 by a federal judge in New York who found that he had not respected the the rules of his parole.
The prosecutor’s office was behind this appeal to have the conditional release overturned, accusing Sam Bankman-Fried of witness tampering. According to the prosecutor, he notably transmitted documents to the New York Times to try to influence the testimony of Caroline Ellison, a former director of his investment company Alameda who was charged and who agreed to collaborate with the American authorities.
At the end of the hearing, Judge Lewis Kaplan “ordered the accused to be taken into custody by the US Marshalls”federal security agency in charge of prisoners.
Pending his trial, he had been placed under house arrest with his parents in California after the payment of a bail of 250 million dollars.
Indicted in particular for fraud and criminal association, “SBF”, his nickname, had been extradited at the end of December 2022 from the Bahamas, where the headquarters of FTX was located.
He has pleaded not guilty to all charges against him over the months. His trial is due to begin in October in New York.
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