A federal judge raised the possibility of revoking bail and remanding Sam Bankman-Fried into custody for possible witness tampering but opted to give his attorneys and federal prosecutors more time to propose stricter conditions of his pre-trial release.
There may be probable cause to believe Bankman-Fried "committed or attempted to commit a federal felony," witness tampering, by contacting FTX's general counsel and others associated with the case, the judge said.
"Having him live with his parents is a check against some other risks," said assistant U.S. Attorney Nicholas Roos, who said the government was trying to balance a need to ensure Bankman-Fried behaves himself with the defendant's First Amendment rights and his ability to prepare a defense. Kaplan wondered about other phones, computers and internet-connected electronics in the Palo Alto, California, home of Bankman-Fried's parents, where he is confined.MORE: Feds seize more than $600 million in assets from FTX founder Sam Bankman-Fried: Court filing
"We understand from your comments today there is no margin for error," defense attorney Marc Cohen said.
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