U.S. Justice Department Wants to Jail Sam Bankman-Fried

While Judge Lewis Kaplan, of the Southern District of New York, declined to jail Bankman-Fried immediately, he set out a rapid schedule for both the prosecution and the defense to make formal written submissions on the matter. The DOJ has until Friday to file theirs. The defense can respond until Tuesday, and the DOJ can file a final response by Aug. 3.