Sam Bankman-Fried's bail is tightened over 'threat' of witness tampering | CNN Business

A federal judge on Wednesday temporarily tightened the FTX founder’s bail conditions after learning that Bankman-Fried sent a text message to a former top executive of the crypto trading platform. The judge said that appeared to be a “material threat of inappropriate contact with prospective witnesses.

In the message, Bankman-Fried wrote: “I know it’s been a while since we’ve talked. And I know things have ended up on the wrong foot. I would really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other. I’d love to get on a phone call sometime soon and chat.” The judge disagreed with Bankman-Fried’s lawyers’ argument that the message was benign.

Attempted witness tampering is what the judge said

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prosecutors say Sam Bankman-Fried tried to obscure his crimes with Robinhood's stock | CNN BusinessUS federal prosecutors have said FTX founder Sam Bankman-Fried’s efforts to control about $500 million worth of Robinhood shares last year indicates steps the former crypto entrepreneur has taken to “obscure” his alleged crimes Is this why robinhood froze out on the GME? Biblioteca Tramonte in Palermo
Source: cnni - 🏆 326. / 59 Read more »