Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors 'sandbagged' the process to put their client in the 'worst possible light.'
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves on the day of a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Eduardo Munoz/File Photo
Prosecutors said their request was in response to Bankman-Fried's recent effort to contact a potential witness against him, the general counsel of an FTX affiliate, and was needed to prevent witness tampering and other obstruction of justice. "Rather than wait for any response from the defense, the government sandbagged the process, filing this letter at 6:00 p.m. on Friday evening," Bankman-Fried's lawyers wrote. "The government apparently believes that a one-sided presentation - spun to put our client in the worst possible light - is the best way to get the outcome it seeks."
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