SBF in Prison After Allegations of Witness Tampering.

On Friday, Sam Bankman Fried, the disgraced former CEO of FTX, had his bail revoked by a federal Judge in New York. Bankman-Fried had been out on bail living at his parent’s house in Palo Alto, CA, under House arrest. According to an article in The New York Times, prosecutors allege that Bankman-Fried has tried to tamper with witnesses on two occasions and gave documents related to his case to media members. According to a report by NPR, SBF leaked private diary entries of his former girlfriend, Caroline Ellison, to the New York Times and participated in phone calls with the author Michael Lewis. The prosecution in SBF’s case felt that these actions could be an attempt to corrupt Ellison’s testimony at the upcoming trial. If this is true, SBF has some serious explaining to the judge.