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FTX founder Sam Bankman-Fried jailed for alleged witness tampering ahead of fraud trial

  • Bankman-Fried had bail revoked after federal prosecutors accused him of improperly contacting witnesses, including sharing private documents of a key witness with media
  • Judge ruled there was probable cause Bankman-Fried violated bail conditions through inappropriate witness contact and leaks to press
  • Bankman-Fried was previously under house arrest at parents' California home after posting $250 million bail following arrest
  • Upcoming October trial related to allegations Bankman-Fried defrauded investors and misused customer funds through cryptocurrency exchange FTX and affiliated hedge fund
  • Bankman-Fried pleaded not guilty but prosecutors allege improper witness contact shows he poses ongoing threat
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