Judge rejects Sam Bankman-Fried's bid for freedom during trial

A federal judge in New York has denied FTX founder Sam Bankman-Fried's request to be released on bail pending his upcoming trial on fraud charges. The judge expressed concerns about the potential flight risk and the possibility of a long sentence if convicted. As a compromise, the judge extended the working hours for Bankman-Fried to meet with his attorneys. The trial will examine allegations of money laundering and business fraud that led to the downfall of FTX. Bankman-Fried was returned to jail last month after his bond was revoked for attempting to tamper with witnesses. The trial is expected to last up to six weeks.