A judge is sending the founder of bankrupt crypto firm FTX to jail while awaiting trial on fraud charges.
Sam Bankman-Fried, who was arrested on fraud charges last year after the collapse of his cryptocurrency firm, must await trial behind bars, a US judge has ordered.
The former billionaire denied the claims and was released to his parents' home in Palo Alto, California on a $250m bond. The latest request from prosecutors was sparked by a July article in the New York Times, which quoted confessional writings by Caroline Ellison, Mr Bankman-Fried's sometime girlfriend and the former chief executive of the hedge fund he founded, Alameda Research.
Prosecutors said Mr Bankman-Fried had shared the documents to try to make his case in the media that Ms Ellison was a "jilted lover" who had worked alone.
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