{"id":1827517,"date":"2023-01-29T07:50:33","date_gmt":"2023-01-29T12:50:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1827517"},"modified":"2023-01-29T07:54:31","modified_gmt":"2023-01-29T12:54:31","slug":"u-s-seeks-tighter-bail-for-ftx-founder-bankman-fried-to-prevent-evidence-tampering","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-seeks-tighter-bail-for-ftx-founder-bankman-fried-to-prevent-evidence-tampering\/","title":{"rendered":"U.S. Seeks Tighter Bail for FTX Founder Bankman-Fried to Prevent Evidence Tampering"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fu-s-seeks-tighter-bail-for-ftx-founder-bankman-fried-to-prevent-evidence-tampering%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1827517&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/Sam-Bankman-Fried-1200x800-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p>NEW YORK\u2014U.S. New York&#8211;U.S. <a href=\"https:\/\/www.theepochtimes.com\/t-bail\">Bail<\/a> Sam Bankman-Fried conditions, which expressed concern that the founder <a href=\"https:\/\/www.theepochtimes.com\/t-ftx\">FTX<\/a> He might use cryptocurrency exchange to tamper or destroy evidence in his criminal case.<\/p>\n<p>Citing Bankman-Fried\u2019s \u201crecent attempts to contact prospective witnesses,\u201d Prosecutors asked U.S. District Judge Lewis Kaplan for a ban on Bankman-Fried communicating with any family members or current or former employees of FTX and his Alameda Research hedge funds, unless a lawyer is present.<\/p>\n<p>They asked Bankman-Fried to not use Signal or any other encrypted call and message applications. However, he could still communicate via text messages, email and the phone.<\/p>\n<p>Bankman-Fried (30) was released on $250 million bond. He is now required to live with his parents after pleading guilty to the theft of billions from the bankrupt FTX.<\/p>\n<p>Bankman-Fried lawyers did not respond immediately to inquiries for comment.<\/p>\n<p>In Friday\u2019s letter, prosecutors cited a Signal message on Jan. 15 from Bankman-Fried to \u201cWitness-1,\u201d The general counsel of the FTX U.S. affiliate. Bankman-Fried expressed an interest in having a \u201cconstructive relationship\u201d Oder \u201cat least vet things with each other.\u201d<\/p>\n<p>Prosecutors claimed that this was the truth. \u201cparticularly concerning\u201d because Bankman-Fried knew the general counsel had potentially damaging information, having participated just before FTX\u2019s November collapse in communications in which Bankman-Fried discussed using Alameda funds to satisfy FTX customer withdrawals.<\/p>\n<p>\u201cThe defendant\u2019s request to \u2018vet things with each other\u2019 is suggestive of an effort to influence Witness-1\u2019s potential testimony, and the appeal for a \u2018constructive relationship\u2019 likewise implies that Witness-1 should align with the defendant,\u201d According to prosecutors.<\/p>\n<p>\u201cEven if the defendant has not directly attempted to tamper with witnesses, [his] contact with witnesses may intimidate them\u201d Prosecutors also suggested that they not testify or come forward.<\/p>\n<p>Prosecutors said that Bankman-Fried directed that Signal and Slack communications be automatically deleted by him in 2021. This was to prevent Bankman-Fried from Signal.<\/p>\n<p>Prosecutors claimed that Caroline Ellison, former Alameda chief, pleaded guilty and is cooperating with them. They also stated that Bankman-Fried indicated that it might be more difficult to build legal cases if there was not enough information.<\/p>\n<p><em>Jonathan Stempel<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK\u2014U.S. New York&#8211;U.S. Bail Sam Bankman-Fried conditions, which expressed concern that the founder FTX He might use cryptocurrency exchange to tamper or destroy evidence in his criminal case. Citing Bankman-Fried\u2019s \u201crecent attempts to contact prospective witnesses,\u201d Prosecutors asked U.S. District Judge Lewis Kaplan for a ban on Bankman-Fried communicating with any family members or &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1827520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[4550,7176,4913,4148,7334,5495,3814,16858,9017,7238],"class_list":["post-1827517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bail","tag-bankman-fried","tag-evidence","tag-founder","tag-ftx","tag-prevent","tag-seeks","tag-tampering","tag-tighter","tag-u-s"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1827517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1827517"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1827517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1827520"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1827517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1827517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1827517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}