U.S. seeks detention of FTX's Sam Bankman-Fried pending trial

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JUST IN: Federal prosecutors in New York asked a judge to order Sam Bankman-Fried to be jailed ahead of his scheduled October trial over the collapse of his FTX cryptocurrency exchange

At a hearing in Manhattan federal court, prosecutor Danielle Sassoon said "no set of release conditions can ensure the safety of the community."

The request came after Bankman-Fried gave a New York Times reporter personal writings by Caroline Ellison, who led his crypto hedge fund Alameda Research and is expected to testify against him, in what prosecutors said amounted to

 

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