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Tighter bail conditions for FTX founder Bankman-Fried Related articles

US prosecutors have asked a New York judge to impose stricter bail conditions on FTX founder Sam Bankman-Fried over fears he could influence witnesses or destroy evidence. Reuters reports.

US prosecutors have asked a New York judge to impose stricter bail conditions on FTX founder Sam Bankman-Fried over fears he could influence witnesses or destroy evidence. (ANP/AFP)

Prosecutors say Bankman-Fried recently attempted to contact witnesses, so District Judge Lewis Kaplan was asked not to allow Bankman-Fried to contact current or former FTX employees without a warrant.

Encrypted communication

Prosecutors also asked the judge to ban Bankman-Fried from encrypted communications. This would limit the use of Signal, among other things. However, he is still allowed to communicate via SMS, email and telephone.

Bankman-Fried recently posted $250 million bail and has since been forced to live with his parents after pleading not guilty in the FTX fraud case. Bankman-Fried’s lawyers declined to comment on the case.

Author: Remi Cook
Source: BNR

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