Former FTX CEO Sam Bankman-Fried Raises Objection to Tighter Bail

Lawyers representing Sam Bankman-Fried urged a U.S. judge on Saturday not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to portray their client in the worst possible light. The lawyers were responding to a request by federal prosecutors that Bankman-Fried not be allowed to talk with most employees of FTX or his Alameda Research hedge fund without lawyers present, or use the encrypted messaging apps Signal or Slack and potentially delete messages automatically. Bankman-Fried, 30, has been free on a $250 million bond since pleading not guilty to The post Former FTX CEO Sam Bankman-Fried Raises Objection to Tighter Bail appeared first on Cryptoknowmics-Crypto News and Media Platform .