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Influencing witness or getting crypto from FTX – SBF is trying it all

It appears that Sam Bankman-Fried has no moral codes whatsoever. His recent actions are only the tip of the iceberg of his horrendous activities.

Sam Bankman-Fried (SBF) knows no end to his manipulative behavior. Let’s have a look at what he has been up to lately. 

SBF tried to influence a witness through Signal app

Reportedly, SBF reached out to several FTX employees, including Ryne Miller, the general counsel for FTX US at the moment. SBF wrote Miller on Signal intending to influence future testimony. 

Also read: Jon Corzine vs Sam Bankman-Fried – why regulations don’t matter

Last week, federal prosecutors asked U.S. District Court Judge, Lewis Kaplan, to update SBF’s bail, so that he may not have any contact with current or past employees of FTX or Alameda Research. If passed, this would ban him from using Signal and other similar apps.  

“I would really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other,” SBF wrote to Miller. 

Prosecutors also claimed that SBF set auto-deleting Slack and Signal messages on purpose in the past, as he was aware this might happen, making it harder to prove him guilty without enough evidence.

SBF wants to withdraw crypto from FTX

FTX lawyers said that there is no evidence that could restrict SBF’s access to crypto held on FTX as part of bail conditions in the trial. As part of SBF’s bail conditions, he was prohibited from accessing crypto on the bankrupt exchange. 

Mark Cohen, SBF’s lawyer asked the judge to remove this restriction. What more could he want? SBF should be glad he is not in jail, yet he’s running free, contacting main witnesses, and asking to withdraw crypto from FTX, which could even be customers’ funds.

“Requiring Mr. Bankman-Fried to include counsel in every communication with a former or current FTX employee would place an unnecessary strain on his resources and prejudice his ability to defend this case,” Cohen said, trying to defend SBF. 

The names of SBF’s bailors will be made public

After hearing arguments, U.S. District Judge, Lewis Kaplan, determined that the identities of the two unnamed individuals who co-signed Sam Bankman-Fried’s $250 million bail bond could be revealed. While it is public knowledge that the FTX founder’s parents also signed, the other signatories’ identities were kept a secret. Several petitions by news organizations seeking the names of those who signed onto the bail for criminal trial defendant SBF were granted earlier this month by the New York court presiding over the case.

Read more: Bitcoin’s price trades 60% higher in Nigeria as demand increases

Since the public’s interest in this subject cannot be exaggerated, a group of media outlets led by the Wall Street Journal, Bloomberg, and CoinDesk sued to have the court reveal the identity of the two individuals. SBF’s attorneys contended confidentiality was warranted because of the risk of actual harm to their clients.

Bottom line

It’s clear SBF is not giving up. Even after all he’s done, it seems that nothing is going to stop him. Manipulating, and influencing – that’s all in his natural behavior, which is why he should be put away for good. 

I got into financial markets by accident in 2012 and started with Forex trading. Later in 2017, I started investing in stocks in cryptocurrencies and began writing articles profess...

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