{"id":1998684,"date":"2023-08-12T10:58:01","date_gmt":"2023-08-12T14:58:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-democrat-mega-donor-jailed-no-chance-at-bail-before-trial\/"},"modified":"2023-08-12T10:59:33","modified_gmt":"2023-08-12T14:59:33","slug":"top-democrat-mega-donor-jailed-no-chance-at-bail-before-trial","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-democrat-mega-donor-jailed-no-chance-at-bail-before-trial\/","title":{"rendered":"Prominent Democratic Donor Incarcerated, No Bail Prior to Trial"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftop-democrat-mega-donor-jailed-no-chance-at-bail-before-trial%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1998684&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Disgraced Former Crypto Tycoon Sam Bankman-Fried Sentenced to Jail<\/h2>\n<p>According to Reuters, \u200ddisgraced former crypto tycoon Sam Bankman-Fried \u2064has been sent to jail \u2062after a judge revoked his bail on\u2064 Friday.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-democrat-mega-donor-jailed-no-chance-at-bail-before-trial\/\" title=\"Prominent Democratic Donor Incarcerated, No Bail Prior to Trial\">judge found probable<\/a> \u200bcause \u2062that Bankman-Fried tampered with witnesses multiple \u2063times, leading to his detention until his October trial, as reported by <a href=\"https:\/\/www.reuters.com\/legal\/ftxs-bankman-fried-seeking-avoid-jail-due-back-court-2023-08-11\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>. Bankman-Fried&#8217;s parents were visibly emotional as the alleged fraudster was escorted away.<\/p>\n<p><a href=\"https:\/\/www.npr.org\/2023\/07\/26\/1190364957\/bankman-fried-crypto-ftx-jail-bail\" target=\"_blank\" rel=\"noopener noreferrer\">Prosecutors<\/a> had requested Bankman-Fried&#8217;s detainment until his\u200c October trial due to alleged witness tampering. However, his lawyer argued that this would violate his First Amendment rights in a \u2064 <a href=\"https:\/\/www.courtlistener.com\/docket\/66631291\/185\/united-states-v-bankman-fried\/\" target=\"_blank\" rel=\"noopener noreferrer\">letter<\/a> filed on August 1.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: FTX&#8217;s Sam Bankman-Fried TO BE JAILED | Bail Revoked<\/p>\n<p>SBF is being\u200b incarcerated for tampering with at least 2 witnesses.<\/p>\n<p>He will be in jail prior\u200d to his October trial, facing a range of fraud and conspiracy charges.<\/p>\n<p>He may have access to\u2062 a laptop\u200c with an internet\u2026 <a href=\"https:\/\/t.co\/1sj8fMm8cO\">pic.twitter.com\/1sj8fMm8cO<\/a><\/p>\n<p>\u2014 Mario Nawfal (@MarioNawfal) <a href=\"https:\/\/twitter.com\/MarioNawfal\/status\/1690085426269196288?\">August 11, 2023<\/a><\/p>\n<\/blockquote>\n<p>Bankman-Fried \u200bis accused \u2064of leaking \u200bhis\u2063 former girlfriend and business partner Caroline Ellison&#8217;s diary entries to The New York Times, as reported by <a href=\"https:\/\/www.cnn.com\/2023\/07\/26\/investing\/sbf-hearing-gag-order\/index.html\" target=\"_blank\" rel=\"noopener\">CNN Business<\/a>.<\/p>\n<p>The Bahamas\u200c extradited <a href=\"https:\/\/www.westernjournal.com\/sam-bankman-fried-changes-mind-challenging-us-extradition-short-stay-hellish-bahamian-prison\/\" target=\"_blank\" rel=\"noopener\">Bankman-Fried<\/a> to the \u200bUnited States after his cryptocurrency exchange FTX collapsed in December, according to the <a href=\"https:\/\/www.nytimes.com\/2023\/07\/27\/business\/sam-bankman-fried-campaign-finance-charge.html\" target=\"_blank\" rel=\"noopener\">New York Times<\/a>. Since then, he has been under house arrest at his parents&#8217; California home on a $250 million\u200d bond, \u2062as\u2062 reported by <a href=\"https:\/\/www.npr.org\/2023\/08\/11\/1191362886\/ftx-sam-bankman-fried-sbf-crypto-fraud\" target=\"_blank\" rel=\"noopener\">NPR<\/a>.<\/p>\n<p data-inc=\"2\">Bankman-Fried is set to face seven charges during his upcoming\u2063 trial, including\u2063 defrauding FTX customers and lenders, according to the Times. Prosecutors allege that \u200dhe orchestrated a scheme to divert billions of\u200c dollars\u200c from customers&#8217; FTX \u2064deposits for campaign contributions, charitable donations, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/colorado-politicians-try-to-bully-local-newspaper-into-submission\/\" title=\"Colorado Politicians Try To Bully Local Newspaper Into Submission\">real estate acquisitions<\/a>.<\/p>\n<p>Bankman-Fried&#8217;s attorney has not\u2064 yet responded to\u2062 the Daily Caller News Foundation&#8217;s request for comment.<\/p>\n<div class=\"disclaimer\">\n<p><em>All content created by the Daily Caller News Foundation, an independent and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-weighs-in-on-deadly-subway-clash-after-desantis-calls-marine-a-good-samaritan\/\" title=\"Trump Weighs In on Deadly Subway Clash After DeSantis Calls Marine a 'Good Samaritan'\">nonpartisan newswire service<\/a>, is available without charge to any <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/union-membership-plummets-to-record-low\/\" title=\"Union Membership Plummets to Record Low\">legitimate news publisher<\/a> that can provide a large audience. All republished articles must include our logo, our reporter&#8217;s byline, and\u200c their DCNF affiliation. \u2063For any questions about \u2064our guidelines or partnering \u2062with us, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/em><\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/top-democrat-mega-donor-jailed-no-chance-bail-trial\/\">Top Democrat Mega Donor Jailed, No\u2062 Chance At Bail Before Trial<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sam Bankman-Fried, a disgraced crypto tycoon, will be imprisoned until his October trial as his bail was revoked by a judge. Reuters reported that the judge found evidence of witness tampering by Bankman-Fried on multiple occasions. Barbara Fried, his mother, was seen in tears during the proceedings.<\/p>\n","protected":false},"author":2092,"featured_media":1998685,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-1998684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1998684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2092"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1998684"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1998684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1998685"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1998684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1998684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1998684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}