U.S. judge to weigh changes to FTX founder Bankman-Fried’s bail terms

0
3
Published by
Reuters UK

By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday is set to hear arguments on whether FTX cryptocurrency exchange founder Sam Bankman-Fried will be able to contact employees of companies he once controlled while out on bail ahead of his trial on fraud charges. U.S. District Judge Lewis Kaplan last week temporarily barred Bankman-Fried from contacting any current or former employees of FTX or Alameda Research, his hedge fund, after prosecutors raised concerns that the 30-year-old former billionaire may be trying to tamper with witnesses. As a condition of Bankman-Fried’s release on $25…

Read More

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.