The disgraced founder and former CEO of FTX tried to contact and potentially influence the testimony of another exchange employee, according to the US Department of Justice.
As such, prosecutors want to introduce two new rules for SBF bail.
- Sam Bankman-Fried was released on $250 million bail in December last year and is confined to his parents’ home. However, he appears to have attempted to contact FTX US General Counsel Ryne Miller on the encrypted messaging app Signal.
- Remember that this is not the first reported case of SBF using Signal for controversial targets. He wanted to sell the hotly contested Robinhood shares via the app in 2022.
- He letter Judge Kaplan summarized the message that SBF sent to Miller:
“I would really love to reconnect and see if there is a way for us to have a constructive relationship, use each other as resources when possible, or at least look into things with each other.”
- The Justice Department believes that Bankman-Fried also attempted to contact other FTX and Alameda employees, which the prosecutor said suggests “an effort to influence” the future testimony of at least one of the witnesses.
- As such, the DOJ wants the judge to amend SBF’s bail rules and include two more. The first is to prohibit you from communicating with current or former employees or related parties of FTX, Alameda or any of their affiliated companies, except for family members.
- The second said that SBF should be restricted from using encrypted messaging apps like Signal.
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