Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations

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Sam Bankman-Fried should be jailed until trial, prosecutor says, citing bail violations
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A prosecutor has asked a judge to immediately jail FTX founder Sam Bankman-Fried, saying he violated his bail conditions by releasing information meant to harass a key witness against him.

. She was the CEO of Alameda Research, a cryptocurrency trading hedge fund that was an offshoot of FTX.

Lewis, known for his colorful books about the financial industry, is working on a book on Bankman-Fried titled: “Going Infinite: The Rise and Fall of a New Tycoon.” Cohen said his client should not be punished for trying to protect his reputation in any way he can, including through the media to offset so many stories that portray him in a bad light.

FTX entered bankruptcy in November when the global exchange ran out of money after the equivalent of aEllison pleaded guilty in December to criminal charges that carry a potential penalty of 110 years in prison. She has agreed to testify against Bankman-Fried as part of a deal that could result in leniency.Prosecutors said last week that Bankman-Fried’s lawyers had confirmed that he gave The New York Times documents that were not currently part of trial evidence.

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