Sam Bankman-Fried Hit With Interim Gag Order Ahead of Fraud Trial
07/27/2023 07:49
FTX founder Sam Bankman-Fried was hit with an interim gag order ahead of his fraud trial, after prosecutors argued he can’t be trusted not to taint the proceedings even under house arrest.
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FTX founder Sam Bankman-Fried was hit with an interim gag order ahead of his fraud trial, after prosecutors argued he can’t be trusted not to taint the proceedings even under house arrest.
US District Judge Lewis Kaplan is weighing whether to rescind Bankman-Fried’s $250 million bail deal. Under that arrangement, Bankman-Fried is restricted to his parents’ house with curbs on his communications. At a hearing Wednesday in federal court in Manhattan, Kaplan restricted his ability to discuss the case and ordered briefs on the matter by Tuesday.