U.S. judge to weigh changes to FTX founder Sam Bankman-Fried’s bail terms

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U.S. judge to weigh changes to FTX founder Sam Bankman-Fried’s bail terms
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Lawyers for Sam Bankman-Fried have argued that his efforts to contact FTX’s current general counsel and chief executive were attempts to offer ‘assistance’ and not interfere

will be able to contact employees of companies he once controlled while out on bail ahead of his trial on fraud charges.any current or former employees of FTX or Alameda Research, his hedge fund, after prosecutors raised concerns that the 30-year-old former billionaire may be trying to tamper with witnesses.

Bankman-Fried’s lawyers said in court papers on Monday they had reached an agreement with prosecutors to exempt certain people from the no-contact order and to let him use communication tools such as Zoom and texting, as well as WhatsApp if he installed monitoring technology on his phone. As part of the agreement with prosecutors, Bankman-Fried would have also withdrawn his objection to a bail condition preventing him from accessing FTX, Alameda or cryptocurrency assets.

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