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Fortune

Ben Weiss

Sam Bankman-Fried is headed to jail: Judge revokes bail after DOJ alleges he tampered with witnesses, including ex-girlfriend Caroline Ellison

Caroline Ellison FTX Sam Bankman-Fried

(Credit: Michael M. Santiago—Getty Images)

The disgraced founder and former CEO of the bankrupt crypto exchange FTX will now spend at least the next two months behind bars after a judge revoked his bail on Friday afternoon.

Sam Bankman-Fried had previously been under house arrest in his parents' home in Palo Alto, Calif., following release on a $250 million bond.

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