Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

US judge revokes bail, orders FTX chief Bankman-Fried back to jail

  • By Al Mayadeen English
  • Source: Agencies
  • 12 Aug 2023 00:32
2 Min Read

US District Judge Lewis Kaplan orders Bankman-Fried back into federal custody citing "attempted witness tampering."

  • x
  • FTX
    Former FTX chief Sam Bankman-Fried (AFP)

A US federal judge on Friday ordered FTX founder Sam Bankman-Fried back to jail after prosecutors argued that he had violated the conditions of his bail and meddled with the case's witnesses, less than two months prior to his trial.

Bankman-Fried, 31, has pleaded not guilty to charges of wire fraud and conspiracy to commit money laundering, as well as election finance violations, in connection with the collapse of his cryptocurrency firm.

US District Judge Lewis Kaplan directed Bankman-Fried back into federal custody citing "probable cause... that the defendant has committed the federal crime of attempted witness tampering," the ruling read.

Prosecutors argued that Bankman-Fried's activities as a source for The New York Times amounted to witness intimidation, citing an article containing private writings of Caroline Ellison, Bankman-Fried's ex-partner, who formerly worked at Alameda Research and is a cooperating witness in the government's case.

Related News

Trump rules out World War for Kiev, threatens Russia with economic war

Iran pushes diplomacy as Europe threatens sanctions snapback

Bankman-Fried is due to go on trial in early October.

FTX and its sister trading house Alameda Research went bankrupt in November, disintegrating a virtual trading business that at one point had been valued by the market at $32 billion.

Prosecutors allege that Bankman-Fried -- who had been released on $250 million bail and confined to his parents' California home before Friday's ruling -- cheated investors and misused funds that belonged to FTX and Alameda Research clients.

The former FTX chief had drew in huge investments from prominent fund managers and venture capitalists. But it all collapsed dramatically when a media report revealed that Alameda's balance sheet was heavily built on a token created by FTX with no independent value, exposing Bankman-Fried's companies as being dangerously interlinked.

Bankman-Fried was arrested at his apartment in the Bahamas on December 12 at the request of federal prosecutors in New York.

  • United States
  • FTX
  • US
  • Sam Bankman-Fried
  • Alameda Research

Most Read

Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025
The ‘Arab Façade’ for Israeli occupation in Gaza

The ‘Arab Façade’ for Israeli occupation in Gaza

  • Opinion
  • 23 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A scene showing an al-Qassam Brigades fighter during an ambush on July 7, 2025, in a video released by the al-Qassam Brigades on August 26, 2025 (al-Qassam Brigades Military Media)
Politics

Al-Qassam reveals Beit Hanoun ambush targeting Israeli forces

A Palestinian youth stands on a hill overlooking IsraelI Ofer Prison, near the West Bank city of Ramallah, Wednesday, July 3, 2024. (AP)
Politics

77 Palestinian prisoners killed in Israeli prisons since October 7

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during a joint press conference with US deputy special envoy for Middle East peace Morgan Ortagus at the presidential palace in Baabda, Lebanon, Tuesday, August 26, 2025 (AP)
Politics

US envoy Barrack calls Lebanese journalists 'animalistic"'

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks (Photo by Mahdi Rtail)
Politics

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS