U.S. judge rejects new bail conditions for FTX founder Sam Bankman-Fried

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 7 (Reuters) - A federal judge on Tuesday rejected a proposal to modify Sam Bankman-Fried's bail conditions, despite an agreement between the FTX cryptocurrency exchange founder and prosecutors to address potential witness tampering concerns. U.S. District Judge Lewis Kaplan in Manhattan did not provide reasons for the denial, and said a hearing on proposed bail modifications remains scheduled for Feb. 9. (Reporting by Luc Cohen and Jonathan Stempel in New York)

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