Skip to Content

Bankman-Fried hearing set, but he can stay on West Coast

KIFI

By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) — The federal judge presiding over the case prosecutors brought against FTX founder Sam Bankman-Fried says the cryptocurrency entrepreneur can remain on the West Coast while his lawyers attend a hearing Friday. Judge Lewis A. Kaplan set the pretrial hearing in New York City on Tuesday and excused Bankman-Fried from attending. Three weeks ago, Kaplan suggested that jailing Bankman-Fried might be the best way to keep him from attempting to break rules he must follow under the terms of his $250 million bond. His communications have been an area of concern though lawyers on both sides have struck a deal to limit him to a non-smartphone.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content