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Judge Sends FTX’s Sam Bankman-Fried to Jail Ahead of Fraud Trial
WSJ ^ | 11 August 2023 | WSJ Staff

Posted on 08/11/2023 12:42:54 PM PDT by NautiNurse

A federal judge revoked FTX founder Sam Bankman-Fried’s bail and sent him to jail Friday, ending a monthslong battle between the Justice Department and the onetime crypto entrepreneur over his behavior while awaiting trial on fraud charges.

U.S. District Judge Lewis Kaplan said at a hearing in New York that Bankman-Fried pushed the limits of his bail conditions repeatedly.

“There is probable cause to believe that the defendant has attempted to tamper with witnesses at least twice,” Kaplan said. The judge said he would allow Bankman-Fried’s lawyers to request that the defendant be allowed to spend time in his lawyers’ offices to prepare for his October trial.


(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: bankman; bankmanfried; crypto; ftx
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To: thinden; NautiNurse

excerpt:

While Bankman-Fried’s parents are Stanford law professors, Ellison’s mother and father are economics professors at the Massachusetts Institute of Technology. Her father, who wrote math textbooks for kids, got her into math at a young age. She read a lot, too, tackling a thick Harry Potter book when she was just 5, because she was too impatient to wait for her parents to read it to her, she said.

link to the piece:
https://www.washingtonpost.com/business/2023/01/02/caroline-ellison-ftx/


21 posted on 08/11/2023 1:26:01 PM PDT by thinden (buckle up ....)
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To: thinden; NautiNurse

drilling down at:

https://coinpedia.org/crypto-live-news/ftx-ceo-in-connection-with-sec-chair-gary-gensler/

excerpt for discussion purposes only:

While the FTX-Alameda crisis unfolds, there is a new revelation about connection between FTX new CEO, Caroline Ellison and SEC chair Gary Gensler. It’s a known fact that Gensler was a professor at MIT where he offered a course on Blockchain and Money which stresses on use of blockchain technology. During his MIT career, Gensler was in close connection with Glenn Ellison and FTX CEO Caroline Ellison is the daughter of Glenn Ellison.


22 posted on 08/11/2023 1:30:26 PM PDT by thinden (buckle up ....)
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To: thinden; NautiNurse; bitt; little jeremiah

more on the gensler sbf caroline triangulation:

SEC boss Gary Gensler faces ethics scrutiny over Sam Bankman-Fried meeting

link to article from NYPost

https://nypost.com/2023/06/22/sec-boss-gary-gensler-faces-ethics-scrutiny-over-sam-bankman-fried-sitdown/


23 posted on 08/11/2023 1:33:25 PM PDT by thinden (buckle up ....)
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To: thinden

Interesting finds. Nice research.


24 posted on 08/11/2023 1:47:20 PM PDT by NautiNurse (🇺🇸 Selling out the U.S.A.: The Briben Brand™)
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To: NautiNurse

HOW can they take a CHARITABLE deduction for money that was donated for other uses???

Sounds like money laundering to me.


25 posted on 08/11/2023 1:48:26 PM PDT by ridesthemiles
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To: ridesthemiles
They are Democrats. No telling what "charity." Bernie Sanders' charity is his wife.

Bernie Sanders funneled $200K in campaign cash to wife and stepson's nonprofit institute, records reveal

26 posted on 08/11/2023 1:52:12 PM PDT by NautiNurse (🇺🇸 Selling out the U.S.A.: The Briben Brand™)
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To: NautiNurse

In the motion requesting Bankman-Fried’s detention, the government said that, over the last several months, the defendant had sent over 100 emails to the media and had made over 1,000 phone calls to members of the press. The final straw, according to prosecutors, was Bankman-Fried leaking private diary entries of his ex-girlfriend, Caroline Ellison, to the New York Times

https://www.nbcnews.com/business/business-news/us-judge-sends-sam-bankman-fried-jail-witness-tampering-rcna99519


27 posted on 08/11/2023 1:57:25 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple

100 emails when he is prohibited from using the internet. 1000 phone calls. There’s some OCD behavior.


28 posted on 08/11/2023 2:02:49 PM PDT by NautiNurse (🇺🇸 Selling out the U.S.A.: The Briben Brand™)
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To: CivilWarBrewing

Do not allow her childlike appearance to fool you.

Check out her CV, a brainiac of the first order.
The real deal.


29 posted on 08/11/2023 3:34:53 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: thinden

Big friggen deal. I read the Lord of the Rings at 7 and 8. I read children’s books like Harry Potter at 5 too. A ‘big book’ with lots of pages... Scary.


30 posted on 08/11/2023 3:55:07 PM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: NautiNurse

Incestuous den of snakes in the swamp


31 posted on 08/11/2023 4:00:57 PM PDT by thinden (buckle up ....)
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To: Governor Dinwiddie
That picture is scary. If someone looking like her arrived at my door trick or treating, I'd give her the whole bowl of candy, lock the door and turn out all the lights.

If my dog looked like her, I'd shave his ass and teach him to walk backwards.

32 posted on 08/12/2023 6:56:19 AM PDT by dearolddad
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To: dearolddad
LMAO! Funny stuff!

"If my dog looked like her, I'd shave his ass and teach him to walk backwards."


33 posted on 08/12/2023 1:21:00 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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