Federal prosecutors are trying to prohibit Bankman-Fried from privately contacting current and former employees to prevent potential witness tampering.
- Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers.
Bankman-Fried, 30, has been under confinement at his parents’ home in Palo Alto, California, since pleading to charges against him. He is accused of diverting massive sums of FTX customer funds to buy property, donate to politicians and finance risky trades at Alameda Research, his cryptocurrency hedge fund trading firm.
Federal prosecutors told Kaplan that Bankman-Fried’s communications are a sign that he may be trying in influence a witness with incriminating evidence against him. As a safeguard, the prosecutors want Kaplan to revise the conditions of Bankman-Fried’s bail so he can’t communicate with current or former employees of FTX and Alameda Research outside the presence of a lawyer without a waiver from the Justice Department.
Federal prosecutors also want Kaplan to change the conditions of Bankman-Fried’s bail to prevent him from communicating through Signal, which has an auto-delete option to make messages quickly disappear in addition encryption technology to help shield the contents from outsiders. “The government cannot justify a bail condition based on an unfounded concern about what Mr. Bankman-Fried might do, when there is no evidence that he is, in fact, doing it,” Cohen said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Sam Bankman-Fried’s dog can attack on command using ‘secret word’: reportThe Bankman-Frieds recently purchased Sandor, a dog who is described as “welcoming, but trained to attack with the utterance of a secret word.”
Consulte Mais informação »
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers SayFTX lawyers want to know who received potentially stolen funds from FTX_official, and what communications they had with its executives. But, they allege, some potential witnesses aren't playing ball despite requests to cooperate voluntarily.
Consulte Mais informação »
Sam Bankman-Fried used hose and cold water to shower in jail: ‘Just like Shawshank Redemption’Get busy living, or get busy drying. Former billionaire Sam Bankman-Fried was reduced to using a hose and cold water to take a shower while languishing in a Bahamian prison that the indicted crypto…
Consulte Mais informação »
Caroline Ellison, Sam Bankman-Fried’s mom not cooperating with probe: FTX lawyersSam Bankman Fried’s mother and his former on-again, off-again girlfriend Caroline Ellison are refusing to cooperate with the investigation into the collapse of failed cryptocurrency exchange …
Consulte Mais informação »
FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Consulte Mais informação »
FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Consulte Mais informação »