Judge Rejects Bail Proposal For FTX Founder

(New York, NY) — A federal judge is rejecting a proposal to modify the bail conditions for Sam Bankman-Fried [[ freed ]]. U.S. District Judge Lewis Kaplan didn’t provide a reason for the denial and said a hearing remains scheduled for the disgraced crypto king on February 9th. The 30-year-old has been out on a quarter-billion-dollar bond since pleading not guilty to looting billions from the now-bankrupt FTX. The denial comes despite an agreement between Bankman-Fried and prosecutors to address potential witness tampering concerns.