Sam Bankman-Fried, the former CEO of the now-bankrupt crypto exchange FTX, had his bail revoked ahead of his October trial, US District Court Judge Lewis Kaplan said on Friday.
The decision came after allegations that Bankman-Fried leaked the diary of Caroline Ellison, the former CEO of FTX’s investment-arm Alameda Research, to the New York Times. Kaplan announced the decision in a federal court in Manhattan on Friday afternoon.
Bankman-Fried is facing a number of charges, including defrauding FTX investors, from the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission and the Southern District of New York’s attorney’s office. He plead not guilty to U.S. criminal charges earlier this year.
Initially, Bankman-Fried requested access to Google Drive, which he said was “for discovery,” Inner City Press reported that Assistant US Attorney Danielle Sassoon said on Friday at the hearing. “Then he used it to give Ms. Ellison’ …
