FTX founder Sam Bankman-Fried's bail revoked, sent to jail
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Sam Bankman-Fried, the founder of FTX, has been ordered to return to prison by a US federal judge for allegedly violating his bail conditions and tampering with witnesses. He is facing charges of wire fraud, money laundering, and election finance violations. Bankman-Fried's trial is set to begin in early October. The judge's decision was based on "probable cause" that Bankman-Fried had attempted witness tampering.