FTX's Sam Bankman-Fried, DOJ tussle over his communications

United States News News

FTX's Sam Bankman-Fried, DOJ tussle over his communications
United States Latest News,United States Headlines
  • 📰 ksatnews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering.

The request, made in a letter filed late Friday by U.S. Justice Department lawyers, prompted an indignant response from Bankman-Fried's lawyer, who accused prosecutors of twisting the facts to cast the FTX founder in a sinister light ahead of his trial scheduled later this year.

Federal prosecutors raised their concerns about Bankman-Fried's attempts to connect with potential witnesses in the case after discovering he sent an encrypted message over the Signal texting app on Jan. 15 to the general counsel of FTX US, according to their letter to Kaplan. But Bankman-Fried's attorney, Mark Cohen, painted a much different picture in his fiery retort to the prosecutors. Cohen described Bankman-Fried's effort to reach the FTX general counsel as “an innocuous attempt to offer assistance in FTX’s bankruptcy process."

“Using Signal to contact potential witnesses increases the likelihood that detection of any attempt to obstruct justice by influencing a witness will itself be obstructed," the prosecutors told Kaplan.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ksatnews /  🏆 442. in US

United States Latest News, United States Headlines

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

Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers SaySam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers SayFTX lawyers want to know who received potentially stolen funds from FTX_official, and what communications they had with its executives. But, they allege, some potential witnesses aren't playing ball despite requests to cooperate voluntarily.
Read more »

Caroline Ellison, Sam Bankman-Fried’s mom not cooperating with probe: FTX lawyersCaroline Ellison, Sam Bankman-Fried’s mom not cooperating with probe: FTX lawyersSam Bankman Fried’s mother and his former on-again, off-again girlfriend Caroline Ellison are refusing to cooperate with the investigation into the collapse of failed cryptocurrency exchange …
Read more »

FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Read more »

FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Read more »

FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Read more »

FTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFTX founder Sam Bankman-Fried's under scrutiny for witness tamperingFederal prosecutors said FTX founder Sam Bankman-Fried contacted the former general counsel of the crypto trading platform earlier this month in a move they say may constitute witness tampering.
Read more »



Render Time: 2025-02-24 03:20:43