Los Angeles Times

FTX founder Sam Bankman-Fried accused of 'hiding online activities'

FTX Founder Sam Bankman-Fried, left, leaves Manhattan Federal Court after a court appearance on Feb. 9, 2023, in New York City.

Saying that he “appears motivated to circumvent monitoring” and may be “hiding online activities from the government,” prosecutors are seeking to renegotiate Sam Bankman-Fried’s bail agreement and impose tighter restrictions on the FTX founder.

At a hearing on the matter scheduled for Thursday, the government was expected to argue that Bankman-Fried’s use of technology must be restricted after he used an encrypted chat program to contact a potential witness and used a VPN, or virtual private network.

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