Sam Bankman-Fried hit with more charges
regarding his communication privileges. Prosecutors raised concerns that Bankman-Fried might use encrypted messaging apps or virtual private networks to tamper with witnesses.
Judge Lewis Kaplan, who is overseeing the case, already questioned the prosecution on why they did not want Bankman-Fried to await trial behind bars. The added counts could present a new challenge for Bankman-Fried's defense team in their effort to paint him in a good light. General views of Sam Bankman-Fried’s parents’ home in Pablo Alto on Dec. 13, 2022. A federal judge has hinted the FTX founder could be headed back behind bars while he awaits trial over concerns that he may have violated his bail agreement.
The former FTX CEO is currently on house arrest at his parents' home in Palo Alto, Calif. on a $250 million bond. Bankman-Fried will be formally arraigned on the fresh filing. He has already pleaded not guilty to the previous eight charges, and his trial is set to begin in the fall.
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