US Prosecutors Seek to Put SBF in Jail Before His Trial

US Prosecutors Seek to Put SBF in Jail Before His Trial
Source: Reuters

The US federal prosecutors have asked the court to put SBF in jail before his trial scheduled for October, because the former FTX CEO has tried multiple times to interfere with the witnesses.

Previously, the New York Times published an article containing some private writings of former Alameda Research CEO Caroline Ellison, and it was thought that SBF intentionally leaked the information to the media. Assistant US attorney Danielle Sassoon said SBF had sent more than 100 emails to reporters and had more than 100 phone calls with the author of the NYT article. "It is the government's view that no set of release conditions can secure the safety of the community," she said.

SBF's lawyer Mark Cohen argued that SBF was trying to influence the media narrative about himself, and if put in jail, it would be very difficult for him to prepare for the trial.

Lewis Kaplan, judge of the Southern District of New York, didn't order to jail SBF immediately. Instead, he allowed both parties to argue their positions with formal written submissions before August 3. In addition, he signed off on an interim gag order, banning SBF from communicating with press or making public statements about his case.

Related: US DOJ Accuses SBF of Leaking Former Alameda Research CEO's Private Diary

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

FTX

SBF

Policy and Regulation

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Iran moves to regulate crypto instead of imposing limits: report Iran moves to regulate crypto instead of imposing limits: report
Donald Trump appoints David Sacks to lead AI and crypto at White House Donald Trump appoints David Sacks to lead AI and crypto at White House
Latest News More More
18 Hours Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
18 Hours Ago Fetch.ai launches $10M accelerator for AI agent startups
1 Day Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
1 Day Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
2 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open