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#FTX Ex-CEO Sam Bankman-Fried Taken Into Custody by US Marshal Following Bail Revocation Former FTX CEO Sam Bankman-Fried has been placed in the custody of the U.S. Marshal after a federal judge revoked his bail during a hearing in the U.S. District Court for the Southern District of New York. Bankman-Fried, facing a criminal trial scheduled for #October 2nd, will be moved from house arrest in Palo Alto, California, to a New York jail. The decision to revoke his bail came after prosecutors accused him of leaking a former colleague's private diary and attempting to influence witnesses. If convicted, Bankman-Fried could face over #100 years in #prison for charges including fraud and misusing customer assets.

#FTX Ex-CEO Sam Bankman-Fried Taken Into Custody by US Marshal Following Bail Revocation

Former FTX CEO Sam Bankman-Fried has been placed in the custody of the U.S. Marshal after a federal judge revoked his bail during a hearing in the U.S. District Court for the Southern District of New York. Bankman-Fried, facing a criminal trial scheduled for #October 2nd, will be moved from house arrest in Palo Alto, California, to a New York jail. The decision to revoke his bail came after prosecutors accused him of leaking a former colleague's private diary and attempting to influence witnesses. If convicted, Bankman-Fried could face over #100 years in #prison for charges including fraud and misusing customer assets.

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