Sam Bankman-Fried jailed for leaking ex-girlfriend's love letters

Clockwise: SBF, Ellison, Rock n' Roll Mommy and Daddy

What better name than Bankman for a crypto scammer and Fried for him getting caught and possibly fried with jail time. The indicted FTX founder Sam Bankman-Fried was cuffed and hauled off to the slammer Friday following a federal judge revoking is bail for leaking his former girlfriend's love letters.

US District Judge Lewis Kaplan agreed with federal prosecutors who argued that SBF, as he is known to his fans, has jeopardized his scheduled trial by leaking the personal writings of his former lover and business associate Caroline Ellison to a reporter at the former newspaper known as The New York Times.

The judge determined that there was probable cause to believe that SBF, a human weasel, attempted to “tamper with witnesses at least twice” since his December arrest for fraud.

Bankman-Fried’s shyster lawyer Mark Cohen said his pricey team would appeal the incarceration order. Kaplan rejected the defense’s request for an immediate stay pending the outcome of the appeal.

The defense team accused prosecutors of pushing for Bankman-Fried’s jailing based on “innuendo, speculation, and scant facts.”

SBF, 31, has been under house arrest at his mommy and daddy's house in Palo Alto, California. He is under a $250,000,000 bond but now he's in jail until October 2nd when the trial is to begin. He will be held in the New York area but it's unknown as to which facility he must park his sorry butt.

The fraudster has pleaded not guilty having allegedly misused billions in FTX customer money to pay for his lavish lifestyle and super-hot former girlfriend and Olive Oyl Look-alike Contest winner Caroline Ellison along with his risky bets at Alameda Research, a sister company to FTX, shortly before his cryptocurrency empire came tumbling down.

The former FTX CEO SBF's bail was revoked during the hearing at Manhattan Federal Court on August 11th.

The feds previously said that the disgraced wonderboy had “crossed a line” by harassing Miss Ellison, the former CEO of Bankman-Fried’s doomed cryptocurrency hedge fund Alameda Research.

Ellison has already pleaded guilty to breaking hearts and fraud and is expected to be a key witness as SBF faces trial for allegedly FTX bilking customers out of billions.

Cohen had said his team had been blindsided by the prosecutors’ motion and argued that Bankman-Fried’s bail terms permitted him to speak with the media, even about private things that should stay private.

Cohen reminded the court that Bankman-Fried’s bail terms allowed him to speak with reporters, and to stop that would be infringing on his right to speak to the press, even when the things he would speak about would put him in a scummy light.

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Will SBF's GF [aka Olive Oyl] rat him out re: FTX collapse?

Alameda Research CEO and Popeye's girlfriend lookalike, Caroline Ellison, has the loyalty of the scorpion to the proverbial frog midstream. She was not present when Sam Bankman-Fried (aka: "Sammy The Bull Thrower") was indicted and she was seen in Manhattan's shopping district. This leads one to believe that her former boyfriend cut a deal with the DOJ. If so, Sammy's fat butt is fried.

If Ellison is not in custody, after her role in the Alameda Research part of the meltdown, it was very probable that she has agreed to a plea deal, and now we know it's true.

Worse, the other partner in the now defunct triad of trash, Gary Wang, a founder of the crypto exchange FTX, is also part of a plea deal that will undoubtedly burn Sammy and maybe even his mommy and daddy, the New York Times reported late last night:

Two former top executives of Sam Bankman-Fried’s crypto trading empire have pleaded guilty to federal charges and are cooperating in the criminal case against the disgraced crypto entrepreneur, the U.S. attorney for the Southern District of New York said on Wednesday night.

The two are Caroline Ellison, who was the chief executive of Mr. Bankman-Fried’s crypto trading company, Alameda Research, and Gary Wang, a founder of the crypto exchange FTX.

The guilty pleas by two-thirds of the trio could force other former executives to spill their guts in the case against SBF. He has been charged with fraud, money laundering and campaign finance offenses, [which benefitted the Democrats in the midterm elections and other woke causes].

Wang's lawyer told the press that his client had "accepted responsibility for his actions" implying that the young scumcrumpet's plea. deal, and probably Ellison's, involve some jail time and hopefully restitution.

And while Sammy owned 90% of Alameda Research, Ellison ran it and the money disappeared into that company, suggesting she played a large role in the clusterfrack that destroyed billions in FTX depositor funds. She also probably knows where the money went [i.e., which drain it circled down into]. If she can't pay back depositors, then her testimony, for her sake, better force butter butt Bankman to do so.

The Securities and Exchange Commission (SEC) filed civil fraud charges against Ellison and Wang on Wednesday. The SEC said that Ellison, 28, misused FTX customer deposits to fund Alameda's trading activity [in other words she gambled with FTX investor's money] and that Wang, 29, created software that allowed the diversion of the funds to take place.

Based on what is known, both Ellison and Wang are going to do time, while "Sammy The Bull Thrower" may do as much as 115 years if convicted on all counts. That will make him 145 years old if he goes into the can today.

Notice how the Republicans are not attacking the Democrats over the campaign donations. That's because they're also involved in accepting Sammy's money. Sure, not as much by a long shot, but some.

Let's hope that what Bankman-Fried knows, gets to be told and that he doesn't get "Epsteined."

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