Home Ethereum DOJ Seeks Jail Time For Sam Bankman-Fried Citing NYT Article Debacle

DOJ Seeks Jail Time For Sam Bankman-Fried Citing NYT Article Debacle

DOJ Seeks Jail Time For Sam Bankman-Fried Citing NYT Article Debacle


  • The U.S. Justice Division is searching for Sam Bankman-Fried’s incarceration over his function within the NYT’s controversial article. 
  • The New York Occasions just lately printed an article with the non-public writings of former Alameda CEO Caroline Ellison. 
  • The Justice Division needs SBF’s bail revoked attributable to his steady witness tampering makes an attempt. 
  • The New York Occasions just lately wrote to the choose overseeing SBF’s case defending the latter’s current actions. 

America Division of Justice is searching for the revocation of Sam Bankman-Fried’s bail attributable to his function in an article printed by the New York Occasions final month that has stirred up controversy over the previous two weeks. In a current letter to SDNY Decide Lewis Kaplan, federal prosecutors from the Justice Division cited a number of makes an attempt by the disgraced FTX founder to tamper with witnesses and urged the choose to place him behind bars. 

DOJ Needs Sam Bankman-Fried Detained Pending Trial In October

The Division of Justice highlighted the acknowledgment by Sam Bankman-Fried’s protection crew concerning his involvement within the New York Occasions article on former Alameda Analysis CEO Caroline Ellison. Bankman-Fried offered Ellison’s diary to NYT, which contained non-public writings about her time on the now-defunct crypto agency. 

Federal prosecutors advised Decide Kaplan that the FTX founder shared Ellison’s non-public writings to affect the general public’s notion of her, on condition that she is ready to testify in opposition to him after pleading responsible within the lawsuit in opposition to FTX. The prosecutors imagine that Bankman-Fried’s actions quantity to a federal felony whereas out on bail, and requested Decide Kaplan to revoke the identical until his trial hearings start on October 2, 2023. 

Apparently, the New York Occasions wrote to Decide Kaplan on August 2, 2023, in what gave the impression to be an try and defend Sam Bankman-Fried’s determination to share Caroline Ellison’s non-public diary. The NYT argued their article was within the “public’s authentic curiosity” given Ellison’s proximity to the case and information of FTX and Alameda’s interior workings. 

The New York Occasions additionally cited the First Modification of the U.S. Structure, which protects freedom of speech and the press, amongst different issues. The information large requested the courtroom to make its determination in Bankman-Fried’s bail revocation matter in accordance with the First Modification. Paul Grewal, the Chief Authorized Officer at Coinbase, acknowledged that NYT’s invocation of the First Modification for a bail revocation listening to was unprecedented. 



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