FTX
Bankman-Fried
2bled Down on
Secrecy with
Co Signers
Secret Now
Objects to US
Tone
By Matthew
Russell Lee, Patreon
SDNY COURTHOUSE,
Jan 28 –
Sam
Bankman-Fried
of FTX was
indicted in
the U.S.
District Court
for the
Southern
District of
New York,
leading to his
arrest in the
Bahamas on
December 12, and
extradition to
the US on
December 21.
He was
released on
$250 million
bond - and
reappeared on
January 3, see
below -
with the
requirement of
co-signers.
But
he wants them
secret:
"LETTER MOTION
addressed to
Judge Lewis A.
Kaplan from
Mark S. Cohen
dated January
3, 2023 re:
Request to
Redact Names
and
Identifying
Information
for Certain
Bail Sureties
. Document
filed by
Samuel
Bankman-Fried.
(Cohen, Mark)."
Inner
City Press nearly
immediately opposed,
here. That
was Docket
Number 31.
On
January 11,
Judge Kaplan
gave
Bankman-Fried
until January
19 to respond.
Bankman-Fried
waited
until past 8
pm on January
19 to file - and then
doubled down
on secrecy. As of
January 27,
still no
ruling.
But on
January 27,
the US Attorney's
Office asked
for two conditions:
" (1) the
defendant
shall not
contact or
communicate
with current
or former
employees of
FTX or Alameda
(other than
immediate
family
members)
except in the
presence of
counsel,
unless the
Government or
Court exempts
an individual
from this
no-contact
rule; and (2)
the defendant
shall not use
any encrypted
or ephemeral
call or
messaging
application,
including but
not limited to
Signal. For
purposes of
this motion" -
full letter on
Patreon here.
Then at
2 am between
Friday January
27 and January
28 SBF's
lawyers wrote
it
opposing....
the "tone" of
the prosecutors
who agreed to
the bond deal,
and took
no position on
co-signer
secrecy: "the
defense
objects to the
nature and
tone of the
Government’s
submission. In
an apparent
effort to
portray our
client in the
worst possible
light, the
Government’s
letter makes
it appear as
if it were
prompted by
exigent
circumstances
that required
it to file on
a Friday night
and seek these
new bail
conditions. In
fact, the
Government
first raised
its concerns
regarding Mr.
Bankman-Fried’s
contact with
the person it
now describes
as Witness-1
over a week
ago, on
January 19"
and "The
Existing Bail
Condition
Related to
Crypto Asset
Transfers
Should be
Removed" -
full letter on
Patreon here.
Judge
Kaplan set a
tight reply
schedule on
both - Inner
City Press
will stay on
it.
Will
the
(un)sealing of
co-signers
motions be
ruled on
before this
one?
***
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