For the ongoing FTX fraud case, it is inconceivable that lawyer Sam Bankman Fried fabricated a lie. He probably has the right to browse the property and cryptocurrency owned by his former enterprise FTX. If there is no data indicating that he participated in all the illegal activities previously suspected. Bankman Fried resigned as CEO of FTX on November 11, 2022. At this stage, he was released on parole because of bank wire transfer fraud and money laundering. He said he was not guilty.

SBF looks for data encryption of FTX

After the government brought direct evidence of illegal acts originating from Alameda's wallet, Bankman Fried was released on the premise that he was prohibited from browsing all cryptocurrencies held by the FTX data encryption trading center and the trading agency Alameda Research. The ban also includes the acquisition of cryptocurrencies under FTX or Alameda equity funds.

Read more:Query the top data encryption message channel columns in 2023

Mark Cohen, the lawyer of Bankman Freed, sent a letter to the court on January 28, in which she said that the review and approval meeting had been about three weeks. In their view, the investigation and analysis of the government department confirmed the view of SBF; In general, he did not browse and transfer such property. In addition, Cohen informed Lewis Kaplan, the chief judge of the Southern District of New York City, that the bail conditions proposed at the meeting should be withdrawn, because the only reason for obtaining the standard has not been confirmed.

Sam Bankman Fried's old friend?

In addition, the US Department of Justice pointed out in a document submitted on January 27 that Bankman Fried had tried to contact Ryne Miller, the general lawyer of FTX, and the second was the potential witness of the case. As another condition for bail, the judicial department needs to enforce a communication ban on Bankman Fried. Cohen pointed out in his reply that he generally allowed this limitation, but in his view Bankman Fried should still be able to communicate with some former employees, such as its rehabilitation therapist George Lerner.

In Cohen's words:

It was stipulated that Mr. Bankman Fried included lawyers in every communication with FTX's former boyfriend or employees, which would cause unnecessary work pressure on his network resources and jeopardize his ability to defend the case.

In addition, some people mentioned that many of these people were friends of Bankman-Fried. In addition, the addition of all-round restrictions on his ability to communicate with them will make him lose an important source of emotional and moral applicability.