FTX Boss Jailed: Record $250M Bail Revoked For Leaking Witness’ Love Letters

Bankman-Fried's Record $250M Bail Revoked For Leaking Witness' Love Letters

  • Disgraced FTX founder Sam Bankman-Fried has had his $250 million bail revoked after he leaked ex-girlfriend Caroline Ellison’s love letters to the New York Times.
  • US District Court Judge Lewis Kaplan said in court on Friday that there is ‘probable cause to believe that the defendant has attempted to tamper with witnesses at least twice’.
  • Kaplan rejected a defense request to delay Bankman-Fried’s detention pending his appeal of the bail revocation.
  • He has been under house arrest at his parents’ home in Palo Alto, California, since his December extradition from the Bahamas.  His $250 million bail package, which was the most expensive in US history, severely restricts his internet and phone usage.
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