Disgraced FTX founder Sam Bankman-Fried (SBF) said the recent government allegations painted him in the “worst possible light”. US prosecutors alleged that SBF’s message to FTX US General Counsel Ryne Miller was an attempt to influence his testimony.
According to SBF’s legal advisor, the disgraced founder only reached out to help with the bankruptcy case. They added that a similar message was sent to the CEO of the bankrupt exchange, John Ray, confirming that SBF was only trying to help.
The lawyers added that the automatic deletion feature the government complained about was not enabled for the message in question, and a copy was emailed to Miller.
SBF lawyers propose restriction of FTX accomplices
The lawyers argued that their client should be restricted from specific individuals, and not all former and current FTX employees.
According to the lawyers, SBF should be restricted from communicating with the former CEO of Alameda, Caroline Ellison, FTX co-founder Zixiao “Gary” Wang, and the exchange’s chief engineer, Nishad Singh. The lawyers added that the restriction would prevent him from contacting these people, even in the presence of their lawyers.
Nevertheless, SBF requested unlimited contact with his father, Alan Joseph Bankman; her therapist George Lerner; and officials of foreign regulators. The lawyers wrote:
“Requiring Mr. Bankman-Fried to include an attorney in every communication with a former or current FTX employee would put unnecessary strain on his resources and impair his ability to defend this case. Also, many of these people are friends of Mr. Bankman-Fried. Imposing a blanket restriction on your contact with them would remove an important source of personal support.”
Besides that, the lawyers urged the court not to bar Bankman-Fried from using ephemeral messaging apps like Signal. According to the lawyers, the government cannot request such restrictions based on unfounded concerns.
Seek access to FTX crypto assets
The legal team of SBF wants court to grant access to FTX funds because you were not involved in previous unauthorized transactions.
According to the lawyers, the government’s investigations into the unauthorized transactions have lasted for about three weeks and should have shown that SBF’s claim about the transactions was valid.
Several Alameda wallets moved funds a few days after SBF obtained the bond, sparking rumors that he may be behind the transactions. Nevertheless, SBF has repeatedly insisted that these transactions were not carried out by it.
Meanwhile, federal prosecutors have seized roughly $700 million in assets from the disgraced founder.
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