Bankman-Fried in Custody After Bail Is Revoked Over Leaks (3)

FTX co-founder Sam Bankman-Fried is in custody after a federal judge said that the embattled crypto mogul likely tried to tamper with two witnesses while on bail.

US District Judge Lewis A. Kaplan revoked the 31-year-old’s bail following a hearing in Manhattan on Friday. Bankman-Fried took off his jacket, tie and shoelaces, and was immediately placed in handcuffs as marshals escorted him out of the courtroom. His mother cried in the public gallery and was comforted by Bankman-Fried’s father.

Sam Bankman-Fried at Manhattan Federal Court in New York on Aug. 11.

Photographer: Michael M. Santiago/Getty Images

Kaplan said Bankman-Fried had likely intended to influence two witnesses — former Alameda Research Chief Executive Officer Caroline Ellison and ...