# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Cn9v6HLqc3o
- **Gondola URL:** https://gondola.cc/posts/17861606-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/493e462ead.jpg
- **Posted:** 2023-01-28T16:02:08.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

🏛⚖ Federal prosecutors have asked a Manhattan judge to impose stricter bail conditions on former FTX CEO Sam Bankman-Fried, due to his attempts to contact a prospective witness in the ongoing investigation against him. Follow benzinga 

Prosecutors have asked U.S. District Judge Lewis Kaplan to block Bankman-Fried from using any encrypted communication devices or messaging applications, saying he may obstruct the ongoing investigation, reports Reuters. The request includes restricting him from communicating with current or former employees of FTX, or his Alameda Research hedge fund, other than family unless his attorney is present.

According to the court filing, prosecutors have cited a Signal message on Jan. 15 from Bankman-Fried to "Witness-1," the general counsel of the FTX U.S. affiliate. Bankman-Fried expressed interest in having a "constructive relationship" or "at least vet things with each other."

"The defendant's request to 'vet things with each other' is suggestive of an effort to influence Witness-1's potential testimony, and the appeal for a 'constructive relationship' likewise implies that Witness-1 should align with the defendant," prosecutors said in the filing.

In 2021, Bankman-Fried, as CEO of FTX at the time, directed that many Signal and Slack communications be autodeleted within 30 days.

According to the prosecutors, former Alameda chief Caroline Ellison has told them that Bankman-Fried had indicated it could be harder to build legal cases if information were not preserved. Get the rest of the story on benzinga.com, link in bio. benzinga 
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## Tags

trading, stockmarket, daytrader, signal, investing, forex, cryptotrading, sbf, business, tradingstrategy, crypto, blockchaintechnology, fraud, money, stocks, witness, cryptocurrencies, cryptocurrency, stockmarketnews, wallstreet, stocktrading, ftx, wealth, stockmarketinvesting, news, entrepreneur, cryptoinvestor, slack, cryptonews

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