The excerpt did not discuss why Bankman-Fried did not press ahead with the plans.

Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy stemming from FTX's collapse in November 2022.

Prosecutors have accused Bankman-Fried of stealing billions in FTX customer funds to plug losses at Alameda Research.

The new indictment charged Bankman-Fried with seven counts of fraud and conspiracy over the November 2022 collapse of FTX, which is now in bankruptcy.

Founded in 1994, Brooklyn's Metropolitan Detention Center has been plagued by persistent staffing shortages, power outages and maggots in inmates' food.

Federal prosecutors in Manhattan say Bankman-Fried stole billions of dollars in FTX customer funds to plug losses at Alameda, buy real estate, and make political contributions through an illegal straw-donor scheme.

Bankman-Fried's arrest came after a flurry of customer withdrawals spurred by concerns about commingling of funds between the exchange and Alameda prompted the collapse of now-bankrupt FTX.

Prosecutors have raised concerns about witness tampering after Bankman-Fried sent an encrypted message over the Signal app to an FTX affiliate's general counsel, who could testify against him at a trial.

Bankman-Fried is accused of diverting billions of dollars in FTX client funds to Alameda to bankroll venture investments, luxury real estate purchases, and political donations.

Bankman-Fried rode a boom in the value of bitcoin and other digital assets to become a billionaire and an influential political donor in the US, until FTX collapsed in early November after a wave of withdrawals.