Because he gave the New York Times access to the journal of former Alameda Research CEO Caroline Ellison, the U.S. Department of Justice (DOJ) continues to argue that FTX founder Sam Bankman-Fried needs to be imprisoned while he awaits prosecution.
CEO Caroline Ellison Diary Makes Headlines, Sam Bankman-Fried May Face Prison Sentence
The DOJ notes that Bankman-Fried’s defense does not dispute the act in their most recent filing, and they see it as an attempt to corruptly influence witnesses. When sharing the journal, Bankman-Fried, according to the DOJ, did more than just make a fair comment. They also point to his usage of a VPN to watch the Super Bowl and his contact with FTX.US General Counsel Ryne Miller as additional indications of his wrongdoing.
Bankman-Fried Denies Allegations
The defense of Bankman-Fried has asserted that the government is misrepresenting his activities, contending that he only contacted Miller, later first attempting to defend his name in the media. The DOJ, on the other hand, is adamant in its stance and contends that Bankman-Fried might have planned Ellison’s media profile before she testified.
Further increasing worries about potential evidence tampering, the document also states that he had configured Signal groups to delete messages after a week. The New York Times, meantime, has objected to the Bankman-Fried gag orders, saying that such limits must adhere to legal requirements and safeguard the public’s First Amendment right to know about FTX’s demise and alleged mismanagement.
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