• The United States Department of Justice has filed an opposition to SBF’s legal team’s motion to remove some of the proposed modifications for his bail conditions.
• Prosecutors revealed that Bankman-Fried attempted to get in touch with FTX CEO and FTX US general counsel regarding business operations before new leadership took over.
• Additionally, SBF is alleged to have contacted Miller to sway his criminal testimony.
SBF’s Criminal Case
The United States Department of Justice (DOJ) has filed an opposition against SBF’s legal team’s motion to remove some of the proposed modifications for his bail conditions in an ongoing criminal case against the former FTX Chief executive.
Messages From Bankman-Fried To John Ray
Prosecutors revealed that Bankman-Fried attempted to get in touch with FTX CEO (John Ray) and FTX US general counsel (Ryne Miller). On January 2, SBF wrote an email to Ray stipulating his regrets for not starting on the right foot and requested meeting the FTX CEO in New York City. Additionally, Bankman-Fried was alleged to have contacted Miller to sway his criminal testimony.
SBF who was released on bond, was allowed to exit his parent’s California home to appear in court and enter his not-guilty plea. However, one of the proposed modifications for his bail conditions included desisting from any interaction with former and current FTX employees.
Ray’s Response To Allegations
In response to SBF’s claims on ’no ongoing role‘ with any subsidiaries of FTX, Ray noted that he does not represent or speak on their behalf.
In summary, Sam Bankman-Fried is currently facing a criminal case due to allegations by prosecutors that he attempted contact both John Ray and Ryne Miller – current employees at FTX – regarding business operations prior ownership change as well as attempting influence Miller’s criminal testimony. As part of agreement when released on bond, Bankman Fried must cease all contact with current/former employees atFTX or risk violating bail conditions.