Crypto exchange FTX founder Sam Bankman-Fried has been taken into custody after Judge Lewis Kaplan of the Manhattan federal court ruled that he likely attempted witness tampering related to his fraud trial involving the collapse of the exchange. The allegations arose after The New York Times released diary excerpts from Caroline Ellison, former head of the exchange’s affiliated hedge fund Alameda Research. Bankman-Fried was accused of intentionally leaking the diary to the media as an intimidation tactic against Ellison. Additionally, Bankman-Fried is suspected of attempting to align testimonies with another potential witness. While his legal team intended to appeal the custody decision, the judge said it was unlikely to succeed.
Source: https://www.ft.com
