FTX’s Bankman-Fried denies witness tampering, accepts gag order By Reuters

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<span>© Reuters. FILE PHOTO: Indicted FTX founder Sam Bankman-Fried exits United States Court in New York City, New York, U.S., June 15, 2023. REUTERS/Mike Segar/File Photo</span><br />
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<p>By Mrinmay Dey</p>
<p>(Reuters) – Lawyers for FTX founder Sam Bankman-Fried rejected prosecutors’ claims that his discussions with a New York Times reporter amounted to witness tampering but agreed to accept a gag order, they said in a letter to the judge in the criminal fraud case.</p>
<p>The letter, released on Sunday, came after prosecutors sought to bar Bankman-Fried and allies from making public statements that could interfere with the case.</p>
<p>Cryptocurrency exchange FTX, once valued at $32 billion, filed for bankruptcy protection in November as it was unable to repay depositors. Bankman-Fried has pleaded not guilty to fraud.</p>
<p>In the letter, Bankman-Fried’s attorney confirmed he had spoken with and provided personal documents to the New York Times that included documents written by a former colleague, Caroline Ellison, who has cooperated with the U.S. government.</p>
<p>“Bankman-Fried did not violate the protective order in this case, nor did he violate his bail conditions, nor did he violate any law or rule governing his conduct,” Bankman-Fried’s lawyer Mark Cohen said in the letter.</p>
<p>An article published by New York Times titled “Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case” reported excerpts from Ellison’s personal Google (NASDAQ:) documents from before the collapse of FTX in which she spoke about being “pretty unhappy and overwhelmed” with her job and feeling “hurt/rejected” from her breakup with Bankman-Fried. </p>
<p>Ellison led Bankman-Fried’s Alameda Research hedge fund and has pleaded guilty to defrauding investors and agreed to cooperate with prosecutors. In December, Bankman-Fried said he and Ellison had been in a relationship but gave no further details. </p>
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