FTX's Bankman-Fried Fights Jail Time and Legal Battles Ahead of Trial

Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, has appealed a judge's decision to jail him pending his trial over the collapse of FTX. Bankman-Fried argues that he was being punished for exercising his First Amendment right to free speech. The judge had revoked his bail after finding probable cause that he tampered with witnesses by sharing personal writings belonging to his former colleague and romantic partner, Caroline Ellison, with a reporter. Bankman-Fried's lawyers claim that he shared the writings to defend his reputation, not to intimidate Ellison. Prosecutors have accused him of stealing billions of dollars in customer funds, and he has pleaded not guilty.