the case Sam Bankman-friedformer CEO of FTX, gets new chapters this Tuesday (7). A US judge rejected his request to modify bail terms and to cancel a hearing scheduled for Thursday. The hearing would be precisely to deal with restrictions imposed while he awaits his trial, according to court documents filed today.
As reported by The Block, Bankman-Fried, on trial, agreed this week to stop using encrypted messaging apps like Signal after prosecutors accused him of using the technology to contact a potential witness in his case. criminal offense and requested modifications to their bail terms.
After prosecutors asked to modify Bankman-Fried’s bail terms, the former CEO offered to stay out of Signal and other crypto apps in a court case this week.
In addition, he asked that the oral arguments on the matter be canceled, but the judge rejected the proposal and said that the hearing will continue this week.
Kaplan is scheduled to attend Thursday’s hearing to discuss the matter in court.
Bankman-Fried appeals against disclosure of guarantors
Bankman-Fried appealed a judge’s decision to reveal the names of the two co-signers.
US District Judge Lewis Kaplan granted a motion to open the names of the co-signers last month after a media group asked the court to make the names public.
Bankman-Fried’s lawyer argued that the co-signers could face privacy and security issues if their names were revealed.
Source: Moneytimes
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