Sam Bankman-Fried bail restrictions extended after he contacted FTX counsel

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Sam Bankman-Fried bail restrictions extended after he contacted FTX counsel
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Sam Bankman-Fried bail restrictions extended after he contacted ex-FTX counsel

The judge’s order bars Bankman-Fried from using “encrypted or ephemeral call or messaging application, including but not limited to Signal.”Advertisement

Kaplan said restrictions proposed by prosecutors and Bankman-Fried’s attorneys earlier this week still present a “real risk of misuse” because of the sheer number of ways he could contact people associated with the case. Bankman-Fried was arrested and charged by federal authorities in December, who allege he swindled investors and customers of FTX by commingling funds into Alameda, a hedge fund he controlled.

He was also hit with a campaign finance charge for allegedly funneling ill-gotten money into political donations.

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