Sam Bankman-Fried's handling of his $465 million in Robinhood stock indicate the lengths he went to in trying to mask his alleged crimes, prosecutors said.
reported Tuesday that the Department of Justice had written to Judge Lewis Kaplan to argue that Bankman-Fried should have his access to assets restricted, following a proposal by his lawyers to ease bail conditions.
The prosecutors argued that Bankman-Fried's attempts to control $460 million of Robinhood stock showed he was trying to mask his alleged crimes, per CNN.
Prosecutors called for a ban on the FTX founder speaking with former or current FTX employees, or using encrypted messaging apps like Signal. The prosecutor request came after Bankman-Fried was accused of witness tampering linked to FTX's US general counsel, after he sent a Signal message and email to Ryne Miller, a witness in the case.
But his lawyers argued Bankman-Fried should be able to communicate with employees without the presence of counsel, and that he should have his access to FTX and Alameda Research assets reinstated.
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