Sam Bankman-Fried was sent back to prison

Date: 2023-08-12 Author: Karina Ziganova Categories: BUSINESS, IN WORLD
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Kaplan agreed with prosecutors, who accused Bankman-Fried of trying to influence witnesses. In particular, we are talking about the conversations of the former head of FTX with journalists about Caroline Ellison, the former head of the hedge fund Alameda Research, who was in a romantic relationship with SBF.

The US Department of Justice charged Bankman-Fried with leaking Allison's private diary to the New York Times. The latter published an article with reflections of the former head of Alameda Research.

Prosecutors said the SBF shared documents with reporters to try to portray Allison through the media as an "abandoned mistress" who worked alone.

Law enforcement officers also noted that this fact will have an impact on other potential witnesses, as they may fear "personal humiliation and attempts to discredit reputation." The prosecutor's office indicated that in recent months the SBF has been involved in about 1,000 phone calls with members of the press.

Allison herself pleaded guilty to fraud and is actively cooperating with the investigation.

Bankman-Fried will now go to jail pending further trial scheduled for early October. He was previously released on $250 million bail.
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