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US Department of Justice stands firm: No access for SBF to FTX and Alameda assets

 


Sam Bankman-Fried's text and email messages to current CEO John Ray have been made public as part of the US Attorney's Office case against the former FTX CEO.


In court documents from January, Mr. 30. The US Department of Justice was responding to a request from Bankman-Fried's legal counsel to remove some of the suggested modifications to his bail terms. The prohibition on communication with both former and present FTX employees is one of them. SBF allegedly tried to get in touch with Ryne Miller, the US general counsel for FTX, and current CEO John Ray of the company.


A Jan. Bankman-Fried offered to meet the FTX CEO in person in New York City and informed Ray via email that things had not gone well from the beginning of their relationship. He was granted permission to travel from his Californian parents' house to the courthouse to enter a not guilty plea. On December 30, he had already sent a message in which SBF referenced a Cointelegraph article to discuss the situation with the money connected to the Alameda wallets:


"I don't have access to the money, but I think your team can move it and get it to safety. If that's helpful, I'd like to discuss how you got access to these. ".

On January, according to Bankman-Fried, 12 that the general counsel of FTX US and the law firm of Sullivan and Crowell urged Ray to be named his successor. In a previous response to FTX-related accusations, Ray claimed that the former CEO no longer works for the organization or any of its affiliates.

Documents from January. 27 demonstrate that Bankman-Fried made an effort to get in touch with Miller in order to "sway" his testimony. Prosecutors have therefore asked that SBF's bail conditions include a prohibition on contact with FTX employees and the use of encrypted messaging services like Signal. The month of January. Additionally, it was asked in the 30 document that SBF not "access or transfer any assets or cryptocurrencies from FTX or Alameda. ".

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