US Seeks Tighter Bail for FTX Founder Bankman-Fried to Prevent Tampering

US Seeks Tighter Bail for FTX Founder Bankman-Fried to Prevent Tampering
Former FTX Chief Executive Sam Bankman-Fried arrives on the day of a hearing at Manhattan federal court in New York on Jan. 3, 2023. David Dee Delgado/Reuters
Reuters
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NEW YORK—U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing concern that the founder of the FTX cryptocurrency exchange might tamper with witnesses or destroy evidence in his criminal case.

Citing Bankman-Fried’s “recent attempts to contact prospective witnesses,” prosecutors asked U.S. District Judge Lewis Kaplan to ban Bankman-Fried from communicating with current or former employees of FTX or his Alameda Research hedge fund, other than family, unless a lawyer is present.