NEW YORK—A car drove into a metal barricade outside Sam Bankman-Fried’s parents’ home in California, his lawyers said on Thursday, in a recent incident they said underscores the security risks faced by the FTX founder and those ensuring his return to court.
In a filing in Manhattan federal court, lawyers for the 30-year-old onetime billionaire said three men got out of the car and told a security officer guarding the Palo Alto home, “You won’t be able to keep us out.” The men, who have not been identified, then got back in the car and drove away.
Bankman-Fried, arrested last month on fraud and conspiracy charges related to the collapse of the cryptocurrency exchange, is under house arrest at his parents’ home until his Oct. 2 trial. Prosecutors say he stole billions of dollars of FTX customer funds to plug losses at his hedge fund….