Disgraced crypto mogul Sam Bankman-Fried has been remanded to jail following a bail hearing in New York before U.S. District Judge Lewis Kaplan.
Judge Kaplan said in court today that he didn’t believe a gag order—to stop Bankman-Fried from talking to the media—would be sufficient. According to courtroom tweets sent by Matthew Russell Lee, otherwise known as Inner City Press, Kaplan said it’s likely Bankman-Fried will be detained at Metropolitan Detention Center in Brooklyn. He noted it’s possible the FTX founder and former CEO may have access to a laptop while he’s detained.
Judge Kaplan: I am focused on the possibility that he will be detained at the MDC, not on anyone’s list of five star facilities. That said, I understand he could have a dedicated laptop at the MDC [Many have it – James Garlick, for example] 9, 10, 11 hours a day
— Inner City Press (@innercitypress) August 11, 2023
Federal prosecutors last month moved to have his bail revoked after the Bankman-Fried was accused of witness tampering.
The allegations relate to Bankman-Fried’s interactions with a New York Times reporter who published an article about former Alameda R
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Author: Mathew Di Salvo
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