DoJ continues push to revoke Bankman-Fried's bond, files to federal judge

Quick Take

  • The U.S. Department of Justice has now filed a written submission to a federal judge to revoke Sam Bankman-Fried’s bond.
  • The submission follows the disgraced FTX founder’s sharing of former Alameda CEO Caroline Ellison’s private diary with the New York Times.

Department of Justice prosecutors filed a written submission to a federal judge on Friday in efforts to revoke Sam Bankman-Fried's bond after the disgraced FTX founder shared private diaries of former Alameda Research CEO Caroline Ellison with the New York Times.

The written submission follows a Wednesday hearing in a Manhattan federal court, where prosecutor Danielle Sassoon reportedly said "no set of release conditions can ensure the safety of the community."

A week earlier, the DoJ accused Bankman-Friend of leaking Ellison's private diary. Sassoon told the court that Bankman-Friend tried to "intimidate" Ellison and made 100 calls to the NYT reporter.

The DoJ claims Bankman-Fried's sharing of Ellison's diary with the NYT goes beyond his right to defend himself publicly. "What the defendant may not do, and what he has now done repeatedly, is seek to corruptly influence witnesses and interfere with a fair trial through attempted public harassment and shaming," Friday's filing said.

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"The defendant's leaking of Ellison's private writings is yet another instance of the defendant trying to intimidate and corruptly persuade Ellison with respect to her upcoming trial testimony, as well as an effort to influence or prevent the testimony of other potential trial witnesses by creating the specter that their most intimate business is at risk of being reported in the press," the filing added.

Bankman-Fried's trial is slated to begin on Oct. 2, 2023.


Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Adam is the managing editor for Europe, the Middle East and Africa. He is based in central Europe and was a managing editor and podcast host at the crypto exchange OKX's former research arm, OKX Insights. Before that, he co-founded BeInCrypto.com, which he elevated into one of the leading crypto media brands at its peak as the editor-in-chief. Earlier, he served as the editor-in-chief at Bitcoinist.com. Before joining the blockchain and crypto industry, he worked for Looper.com, Grunge.com and SVG.com. He tweets via @XBT002 and can be emailed at [email protected].

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