Disgraced crypto executive Sam Bankman-Fried deserves to have his bail revoked and to be detained before he is tried for fraud and conspiracy charges, federal prosecutors say.
August 4, 2023, 10:02 AMFTX Founder Sam Bankman-Fried arrives at Manhattan Federal Court for a court appearance on July 26, 2023 in New York City.
The defense accused the government of drawing conclusions "without any evidence whatsoever" and relying "heavily on assumptions, unsupported inferences, and innuendo."
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