Sam Bankman-Fried Agrees to Gag Order With Bail Status in Jeopardy

FTX founder Sam Bankman-Fried has agreed to a gag order largely preventing him from publicly discussing his case after prosecutors accused him of trying to discredit their star witness, Caroline Ellison.

The order still needs to be approved by US District Judge Lewis A. Kaplan, who has summoned the former FTX chief executive officer to appear Wednesday in a New York federal court. The judge will deal with the “adequacy and continuation” of Bankman-Fried’s bail, suggesting his current house arrest could be in jeopardy while he awaits trial on criminal fraud charges.