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Fortune
Fortune
Ben Weiss

Judge Kaplan really wants Sam Bankman-Fried to stay in jail: FTX cofounder’s latest request for pretrial release is rejected

(Credit: Michael M. Santiago—Getty Images)

The judge presiding over the trial of Sam Bankman-Fried on Thursday denied yet another motion asking for the pretrial release of the onetime CEO of FTX, a crypto exchange once valued at $32 billion that imploded in November.

On Tuesday, Mark Cohen and Christian Everdell had asked Lewis Kaplan to let Bankman-Fried spend the trial outside of the Metropolitan Detention Center, the notorious Brooklyn prison where Bankman-Fried has spent the last month and a half in a cell after his bail was revoked in August.

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