Bankman-Fried in Custody After Bail Is Revoked Over Leaks
- Bankman-Fried immediately handcuffed and placed in custody
- Bankman-Fried to be held at the Metropolitan Detention Center
This article is for subscribers only.
FTX co-founder Sam Bankman-Fried is in custody after a federal judge said that the embattled crypto mogul likely tried to tamper with two witnesses while on bail.
US District Judge Lewis A. Kaplan revoked the 31-year-old’s bail following a hearing in Manhattan on Friday. Bankman-Fried took off his jacket, tie and shoelaces, and was immediately placed in handcuffs as marshals escorted him out of the courtroom. His mother cried in the public gallery and was comforted by Bankman-Fried’s father.