Federal prosecutors want Sam Bankman-Fried’s bail revoked

Federal prosecutors have requested that Sam Bankman-Fried’s bail be revoked as the former FTX CEO awaits trial, the Associated Press reported on July 26.

Earlier, prosecutors alleged that Bankman-Fried leaked the personal writings of Caroline Ellison to the New York Times. Ellison was formerly the CEO of FTX’s sister firm, Alameda Research, and was briefly in a relationship with Bankman-Fried.