THANKS FOR YOUR EXPERTISE. >>> WE ARE FOLLOWING SOME BREAKING NEWS OUT OF NEW YORK, WHERE CRYPTO EXCHANGE COFOUNDER SAM BANKMAN-FRIED IS NOW HEADING TO JAIL. A JUDGE REVOKED HIS BAIL AND ORDERED HIM INTO CUSTODY, SAYING THAT THE FTX COFOUNDER HAS ENGAGED IN WITNESS TAMPERING. BASICALLY, THEY WANT HIM TO STOP HAVING ACCESS TO A COMPUTER, RIGHT? >> THAT IS PART OF IT. ONE OF THE BIG POINTS OF CONTENTION IS WHERE HE WOULD BE REMANDED INTO CUSTODY. THE GOVERNMENT ALREADY HAD CONVERSATIONS WITH PUTNAM, WHICH IS A JAIL FACILITY THAT WOULD GIVE HIM ACCESS TO A LAPTOP WITH AN INTERNET CONNECTION. THE BIG QUESTION HERE IS WHETHER HE WOULD BE ABLE TO ADEQUATELY PREPARE FOR TRIAL, ACCESS SUMMARY DOCUMENTS, AND THE GOVERNMENT WANTED TO ENSURE THAT WAS POSSIBLE WHILE ALSO PUTTING INTO PLACE SAFEGUARDS NECESSARY TO AVOID THE TYPE OF WITNESS TO -- TAMPERING THAT HAS BEEN HAPPENING. >> SPECIFICALLY, THEY THINK HE LEAKED DOCUMENTS TO A REPORTER. >> THAT IS NOT EVEN A QUESTION. YES. LAWYERS ACKNOWLEDGED THAT HAPPENED. THEY WERE ARGUING THIS WAS A FIRST AMENDMENT RIGHT. THE JUDGE CAME OUT TO SAY, IF EVEN PART OF THAT MOTIVATION HAD TO DO WITH HURTING A WITNESS OR TRYING TO AFFECT THE OUTCOME, IT WAS CONSIDERED A FELONY. >> AS YOU KNOW, THE ISSUE OF WITNESS TAMPERING AND DISCOVERY BEING LEAKED IS PART OF ANOTHER SITUATION WITH THE FORMER PRESIDENT, SO IT'S INTERESTING THAT THIS IS THE WAY THIS JUDGE REACTED HERE. IS THERE ANY CHANCE HE COULD GET BACK INTO THE JUDGE'S GOOD GRACES OR GET BACK INTO HIS STANFORD CAMPUS HOME CONFINEMENT? >> I WAS IN THE COURTROOM TODAY. THIS RULING WAS A 33 MINUTE EXPLANATION FROM THE JUDGE THEY DID NOT FEEL THEY HAD AN ADEQUATE REQUEST HERE. >> THIS WAS A REQUEST FROM THE PROSECUTION? >> IT WAS A REQUEST FROM THE PROSECUTION TO STAY, I AM SORRY, FROM THE PROSECUTION TO JAIL HIM, YES. THE DEFENSE WAS SAYING WE ARE OPEN TO TERMS AROUND HIS HOME ARREST. >> WHEN DO WE EXPECT THE TRIAL TO BEGIN? >> AT THIS POINT, OCTOBER 2nd. THE JUDGE ASKED THE DEFENSE TODAY IF THEY WANTED TO, YOU KNOW, SEEK AN ADJOURNMENT OR EXTEND OUT THE TRIAL DATE. AT THERE POINT THEY ARE NOT LOOKING TO DO THAT. EVERYTHING IS STILL ON TRACK. ONE WOULD ASSUME HE MAY WANT THE TRIAL TO START SOONER
