Sam Bankman-Fried in talks to resolve bail dispute, lawyer says

By Luc Cohen

Technology
Friday, 03 Feb 2023
8:39 AM MYT

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FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Andrew Kelly/File Photo/File Photo

NEW YORK (Reuters) - Sam Bankman-Fried is in talks with U.S. prosecutors to resolve a dispute over the FTX cryptocurrency exchange founder's bail conditions, his lawyer said on Thursday.

The judge overseeing Bankman-Fried's criminal fraud case in federal court in Manhattan on Wednesday temporarily barred the 30-year-old former billionaire from contacting employees of FTX or his Alameda Research hedge fund, after prosecutors raised concerns he might tamper with witnesses.

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Sam Bankman-Fried in talks to resolve bail dispute, lawyer says