ftx

(agencies)
In a letter to a Manhattan court investigating judge, federal prosecutors in the FTX platform collapse file demanded that Sam Bankman Fried, co-founder and main defendant in the case, be prevented from using encrypted messaging applications, including Signal, in order to prevent obstruction of justice through Possible witness tampering. Prosecutors said that Fried communicated with one of the potential witnesses in the trial, FTX General Counsel Ryan Miller, via the encrypted “Signal” application on January 15, days after bankruptcy officials at the cryptocurrency exchange disclosed the allegations. Recovering more than $5 billion in FTX assets.
The letter also stated that Fried was in contact with other current and former employees of “FTX” and “Alameda” via the “Slack” and “Signal” applications to influence their testimony, and that he asked them to set their messaging settings to “auto-delete after 30 days or less”. His attempts to improve his relationship with Miller also constitute “witness tampering.”
A few days ago, federal prosecutors confiscated about $700 million in “cash and assets” linked to Sam Bankman Fried, most of it in the form of shares from the “Robin Hood” platform that was owned by the founder of “FTX”, according to a court filing revealed Friday.
The CEO of the collapsed cryptocurrency trading platform “FTX” had acquired 7.6% of the “Robin Hood” company last year, which supported the stock’s rise by more than 30% at the time. But today, it is at the center of a contentious multi-party battle between Caribbean litigants and potential perpetrators over FTX’s bankruptcy filing and the fraud accusation of its chairman.
Federal prosecutors alleged that the Robin Hood shares were purchased using stolen customer funds, according to the court filing. But Fried denied misappropriating any clients’ assets.