Since December, the 31-year-old has been confined to his parents’ home in California after being extradited from the Bahamas. He is facing charges of defrauding investors through his now-defunct cryptocurrency exchange.
The conditions of Bankman-Fried’s bail had been tightened leading up to the ruling, but it was his contact with the media that ultimately led to his detention.
In July, Bankman-Fried shared private diary entries of Caroline Ellison, his former romantic partner and CEO of FTX’s trading arm, with a reporter from the New York Times at his parents’ home. Prosecutors claim the leak was an act of witness intimidation, with the July 20 article being the turning point in their decision to revoke Bankman-Fried’s bail.
Both the New York Times and the Reporters Committee for Freedom of the Press argued against Bankman-Fried’s detention, asserting that it would infringe on his freedom of speech.
Bankman-Fried’s defense attorneys defended his right to repair his reputation under the First Amendment and noted that there was no gag order preventing him from speaking to the media.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
