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Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report

In a July 26 hearing in United States District Court for the Southern District of New York, individuals on site reported Assistant U.S. Attorney Danielle Sassoon requested the revocation of SBF’s bail based on allegations he used his freedom to intimidate Ellison, his former romantic partner and colleague. According to Sassoon, SBF made roughly 100 calls to a reporter behind The New York Times story that revealed Ellison’s private online journals.

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Source: Cryptocurrency - investing.com

Fed staff drop US recession forecast, Powell says

Marketmind: China realism returns, Powell has spoken