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Sam Bankman-Fried Would possibly perchance Bear Tried to Affect Request Testimony: Prosecutors

Sam Bankman-Fried Would possibly perchance Bear Tried to Affect Request Testimony: Prosecutors

Prosecutors are having a stumble on to tighten Sam Bankman-Fried’s bail situations after he reached out to the FTX US long-established counsel.

Veil artwork: Jeenah Moon/Bloomberg/Getty Photography, Relight Motion (edited by Mariia Kozyr)

Key Takeaways

  • Sam Bankman-Fried might just comprise tried to affect or intimidate a attainable stumble on in the case in opposition to him.
  • On January 15 he reached out to FTX US long-established counsel Ryne Miller by Signal, asking to “reconnect” and “vet things with every other.”
  • Prosecutors mediate he wants to be banned from communicating with musty or recent FTX or Alameda Research workers with no lawyer being recent.

By reaching out to the FTX US long-established counsel via Signal, Sam Bankman-Fried might just comprise tried to affect a attainable stumble on’ testimony—or to intimidate them into now not testifying at all—claim U.S. prosecutors. 

Stricter Bail Prerequisites for SBF

Sam Bankman-Fried might peer his bail situations tighten.

Closing Friday U.S. prosecutors expressed considerations to the court docket that the musty FTX CEO might just be making an strive to affect witnesses in the fraud case in opposition to him. They cited a Signal message Bankman-Fried despatched to FTX US long-established counsel Ryne Miller on January 15, in which he said: “I would in actuality admire to reconnect and peer if there’s a formula for us to comprise a positive relationship, allege every other as sources when seemingly, or as a minimal vet things with every other.”


In line with prosecutors, Bankman-Fried’s strive at reaching out to Miller—who might just comprise adversarial knowledge about him—became as soon as “suggestive of an effort to affect [their] attainable testimony.” Even supposing it wasn’t the case, they said, his contact might intimidate Miller into now not coming ahead or testifying. To boot they pointed to Bankman-Fried using Signal (an encrypted messaging app that affords customers the capacity to auto-delete their messages) to talk as a offer of predicament.

Prosecutors therefore asked for the court docket to ban Bankman-Fried from communicating with recent or musty FTX and Alameda Research workers with no lawyer being recent. Exempt from the placement had been his family members: his father, Joseph Bankman, his mother, Barbara Fried, and his brother, Gabriel Bankman-Fried. 

To boot they asked for Bankman-Fried to be restricted from using Signal or any other encrypted messaging provider. Alameda Research CEO Caroline Ellison told prosecutors that Bankman-Fried had beforehand suggested FTX Signal and Slack communications to auto-delete within 30 days as a precautionary measure in opposition to attainable licensed situations.

Bankman-Fried’s licensed counsel spoke back to the demand of by bringing up that prosecutors had been making an strive to portray the disgraced crypto founder “in the worst seemingly gentle.” 

Disclaimer: On the time of writing, the creator of this share owned BTC, ETH, and quite lots of alternative other crypto sources.

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