Bankman-Fried's Lawyers Say Car Hit Barricade Outside Home

A car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents, an apparent attempt to gain access to the property where the founder of crypto exchange FTX is under house arrest.

Lawyers for Bankman-Fried made the disclosure in a letter dated Thursday to U.S. District Court Judge Lewis A. Kaplan who is presiding over the criminal case against Bankman-Fried. He faces charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform, using some of the funds to make large campaign donations to U.S. politicians.

Bankman-Fried pleaded not guilty last month and was released on $250 million

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