FTX co-founder Sam Bankman-Fried could potentially have his bail revoked, according to a federal judge who suggested there was “probable cause” to believe that the former CEO may have engaged in attempted witness tampering.
Judge Lewis Kaplan said that this could see Bankman-Fried sent back to jail until his trial in October. Kaplan added that the Feb. 16 hearing was not a bail revocation hearing but noted that it “could get there, conceivably.”
Prosecutors have requested further restrictions on Bankman-Fried’s device usage, as they have expressed concerns about his recent device usage.
The former FTX CEO has been prohibited from using certain messaging apps since Feb. 9, after he was found to have contacted potential witnesses.
Despite this, Bankman-Fried’s lawyers argued that they need him to be able to work on his defense. Many both in and out of the crypto community have expressed disbelief that Bankman-Fried is yet to have his bail revoked under the circumstances.
