FTX: Prosecutors ask judge to restrict communication between SBF and witnesses

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FTX: Prosecutors ask judge to restrict communication between SBF and witnesses
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Prosecutors have asked the judge overseeing SBF’s case to restrict communication between him and employees of FTX. SBF reportedly contacted the General Counsel of FTX in an attempt to influence his testimony. Federal prosecutors overseeing the criminal case against Sam Bankman-Fried have alleged that the disgraced FTX executive attempted to contact a current FTX employee […]

Prosecutors have asked the judge overseeing SBF’s case to restrict communication between him and employees of FTX.Federal prosecutors overseeing the criminal case against Sam Bankman-Fried have alleged that the disgraced FTX executive attempted to contact a current FTX employee in order to influence them. The employee is a witness who may be called upon to testify.by Damian Williams, the U.S.

The U.S. Attorney’s office revealed that SBF had also contacted other current and former employees of the bankrupt crypto exchange. The prosecutors believe that his attempt to contact the employees is suggestive of an effort to influence their potential testimony. This comes as a matter of concern for the prosecutors since SBF reportedly knows that the witness has information that would inculpate him.The prosecutors have asked Judge Lewis Kaplan, who is overseeing the criminal case against SBF, to alter the conditions of the disgraced CEO’s bail.

They’ve asked for a ban on communication between him and former or current FTX employees, using Signal or any other encrypted messaging applications. Bankman-Fried is currently out on a $250 million bond and is residing with his parents in California. He is facing multipleFTX’s financial advisor recently released a creditor list that provided insight into the lavish and reckless spending that the exchange’s management engaged in.Subscribe to get it daily in your inbox.

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