ftx collapse

FTX’s Sam Bankman-Fried, US Prosecutors Near Revised Bail Agreement, New Restrictions to Be Proposed Next Week

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Lawyers for Sam Bankman-Fried are nearing an agreement with US prosecutors on revised bail conditions for the indicted FTX cryptocurrency exchange founder, who is trying to convince a skeptical judge he should remain free. In a letter filed on Friday night in Manhattan federal court, Bankman-Fried’s lawyer Christian Everdell said both sides believed they were … Read more

FTX Founder Sam Bankman-Fried Objects to Stricter Bail, Says Prosecutors Put Him in ‘Worst Possible Light’

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Lawyers for Sam Bankman-Fried on Saturday urged a US judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues as part of his bail, saying prosecutors “sandbagged” the process to put their client in the “worst possible light.” The lawyers were responding to a Friday night request by federal prosecutors that Bankman-Fried … Read more