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Crypto: Ex-FTX boss Sam Bankman-Fried sent back to prison after his parole was revoked

2023-08-11T20:15:58.097Z

Highlights: Sam Bankman-Fried, the former boss of the cryptocurrency exchange platform FTX, was sent back to prison Friday. A federal judge ruled that he had not respected the rules of his parole. While awaiting trial, he had been placed under house arrest at his parents' home in California after paying a $250 million bond. He has pleaded not guilty to all charges, including fraud and criminal conspiracy, brought against him over the months. More information to come. more information tocome.


A federal judge ruled Friday that Sam Bankman-Fried had breached the rules of his parole.


The former boss of the cryptocurrency exchange platform FTX, Sam Bankman-Fried, was sent back to prison Friday by a federal judge in New York who ruled that he had not respected the rules of his parole.

While awaiting trial, he had been placed under house arrest at his parents' home in California after paying a $250 million bond. He has pleaded not guilty to all charges, including fraud and criminal conspiracy, brought against him over the months.

More information to come ...

Source: lefigaro

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