A U.S. judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried's ability to contact employees of companies he once controlled and use encrypted messaging technology while out on bail awaiting trial on fraud charges.
"I am far less interested in the defendant's convenience" than in preventing possible witness-tampering, Kaplan said at a hearing in Manhattan federal court.
Defense lawyers have argued that Bankman-Fried's efforts to contact an FTX general counsel and its new chief executive John Ray were attempts toBankman-Fried, accused by prosecutors of cheating investors and causing billions of dollars in losses, pleaded not guilty on Jan. 3 to eight criminal charges including wire fraud and money laundering conspiracy. He faces up to 115 years in prison if convicted, though any sentence would ultimately be determined by a judge based on a range of factors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
FTX founder Sam Bankman-Fried heads to court after judge rejects bail requestFTX founder Sam Bankman-Fried will head to a New York courtroom Thursday to face a federal judge who said his effort to contact a likely trial witness...
Lire la suite »
Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary WangRobinhood’s board of directors authorized the company to pursue purchasing most or all of the 55 million shares that a holding company for former FTX execs Sam Bankman-Fried and Gary Wang bought in May 2022. By NelWang
Lire la suite »
FTX gets court approval to subpoena Sam Bankman-Fried, insidersA judge approved FTX’s request to issue subpoenas to Bankman-Fried, his parents Barbara Fried, Caroline Ellison and others.
Lire la suite »
Robinhood cleared to buy FTX founder Sam Bankman-Fried's stock, sending shares higherRobinhood reported Q4 results that missed expectations, but the company's co-founders said they canceled nearly $500 million in share-based compensation.
Lire la suite »
Sam Bankman-Fried says he's written 1,000 pages on FTX collapse: FTSam Bankman-Fried — who once said every book should be a '6-paragraph blog post' — says he's written over 1,000 pages about FTX's collapse while under house arrest
Lire la suite »
Sam Bankman-Fried bail restrictions extended after he contacted FTX counselA federal judge extended a ban on Sam Bankman-Fried contacting his former business associate after the accused crypto-currency fraudster was caught messaging the general counsel of his company.
Lire la suite »