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cryptonews 2023-07-27 18:00:00

FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial

Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange. At a recent hearing, US District Judge Lewis Kaplan imposed a "gag order" on Bankman-Fried, restricting his ability to communicate publicly, Reuters reported Thursday. ... Read More: FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial

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