Sam Bankman-Fried to propose revised bail package soon.
Lawyers for Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, are close to reaching a new bail agreement with US prosecutors. Bankman-Fried is facing charges of stealing billions of dollars in FTX customer funds and making illegal political donations. The judge has expressed concerns about his electronic communications and has not yet approved the proposed restrictions. Bankman-Fried's lawyers have requested permission for him to use a laptop to access some FTX materials, which would be overseen by a lawyer or paralegal.