US Govt. Moves to Restrict Sam Bankman-Fried from Influencing Case Witnesses

• Sam Bankman-Fried (SBF), the co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence the witnesses in a case being investigated by the US government.
• In a recent court document, the U.S. prosecutors declared that SBF tried to persuade a witness in the case.
• The attorneys of the Southern District of New York have requested the judge restrict SBF from accessing encrypted messaging systems such as “Signal” and to prohibit him from contacting former employees of FTX and Alameda Research.

The US government is taking steps to ensure that Sam Bankman-Fried, the co-founder of the now-defunct cryptocurrency exchange FTX, does not interfere in the investigation of a case. In a recent court document, the U.S. prosecutors declared that SBF had attempted to persuade a witness in the case. As such, the attorneys of the Southern District of New York have requested the judge to restrict SBF from accessing encrypted messaging systems such as “Signal” and to prohibit him from contacting former employees of FTX and Alameda Research.

The prosecutors mentioned a Signal message sent by SBF to “Witness-1” on January 15. The message coveys: I would really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other. According to the prosecutors, Bankman-Fried has a history of using Signal for obstructive purposes, and this use of the app is consistent with that. Furthermore, they declared that 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” appears to be an attempt to influence the testimony of the witness.

The attorneys have requested the judge to restrict SBF’s access to encrypted messaging systems and prohibit him from contacting former workers of FTX and Alameda Research. The US prosecutors are seeking to prevent SBF from influencing any further witnesses in the case. The judge has yet to make a decision on the motion.