PANews reported on January 4 that according to Decrypt, the U.S. court approved the modification of SBF's bail agreement on Tuesday, prohibiting him from obtaining or transferring funds related to FTX or Alameda Research as a new condition for bail. The direct reason for the modification was that a few days after SBF was released on bail, tokens worth about $1.7 million in Alameda's associated wallet were sold on the open market.
Although SBF denied any connection with the movement of funds in Alameda-related wallets and said that he no longer had access to them, Assistant U.S. Attorney Danielle Sassoon said that she did not know whether SBF was related to the recent transfer of funds from Alameda, but he had access to these wallets and his statement was not credible.
Earlier on December 28, it was reported that after SBF was released on bail, FTX and Alameda-related crypto wallets were unusually active. Earlier today, it was reported that SBF pleaded not guilty to federal fraud charges in a New York court, and the U.S. District Court set the trial date for October 2, 2023.