U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering

U.S. seeks tighter bail for FTX founder Bankman-Fried to prevent tampering

Citing Bankman-Fried’s “recent attempts to contact prospective witnesses,” prosecutors asked U.S. District Judge Lewis Kaplan to ban Bankman-Fried from communicating with current or former employees of FTX or his Alameda Research hedge fund, other than family, unless a lawyer is present.

They also asked that Bankman-Fried not use Signal or other encrypted call and messaging applications, though he could still communicate through text messages, email and the phone.

Bankman-Fried, 30, has been free on $250 million bond and required to live with his parents since pleading not guilty to looting billions of dollars from the now-bankrupt FTX.

Lawyers for Bankman-Fried did not immediately respond to requests for comment.

In Friday’s letter, prosecutors cited a Signal message on Jan. 15 from Bankman-Fried to “Witness-1,” the general counsel of the FTX U.S. affiliate. Bankman-Fried expressed interest in having a “constructive relationship” or “at…
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