Judge extends bail restrictions on FTX founder Sam Bankman-Fried
NEW YORK -- A Manhattan judge has extended bail restrictions on the founder of the failed cryptocurrency exchange FTX.
Sam Bankman-Fried is banned from contacting employees of companies he once controlled.
Prosecutors raised concerns that the 30-year-old former billionaire could try to tamper with witnesses ahead of his trial on fraud charges.
He's also not allowed to use encrypted messaging technology.
Bankman-Fried is accused of deceiving investors out of millions of dollars before FTX collapsed last November.
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