Sam Bankman-Fried Barred From Encrypted Messaging Apps, Talking to FTX Employees
- FTX co-founder used app to reach out to government witness
- Bankman-Fried’s lawyers have said his contact was ‘innocuous’
Sam Bankman-Fried departs from court in New York on Jan. 3.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
Sam Bankman-Fried was temporarily barred from using encrypted messaging applications like Signal and contacting former and current FTX employees.
Federal prosecutors in New York had asked a court to impose new bail conditions on the 30-year-old, who is facing fraud charges over the collapse of the cryptocurrency exchange, after he contacted a former colleague on Signal a few weeks ago. Bankman-Fried also sent a Jan. 2 email to John Ray, his successor as FTX chief executive officer, suggesting they meet in person.