The US Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), court filings were made late March 3. show.
According to the proposal filed with District Judge Lewis Kaplan of the Southern District of New York, Bankman-Fried should be prohibited from using smartphones, tablets, computers and any type of video game platforms or devices that allow communication by chat and voice The proposal restricts your communication to "a flip phone or other non-smartphone phone without Internet capabilities or with Internet capabilities disabled."
The filing by attorney Damian Williams "on behalf of the parties" also requests that the newly imposed temporary conditions become a permanent part of Bankman-Fried's bail. The plan is believed to have been negotiated with his defense team, which requested to submit a proposal for March 3.
The US Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing made on March 3. shows.
The temporary terms include no contact or communication with current or former employees of FTX or Alameda Research, except in the presence of an attorney, along with a prohibition on the use of any encrypted or ephemeral calling or messaging applications, as well as a VPN.
Bankman-Fried's access to the websites would also be restricted to a whitelist of pre-approved pages, which includes YouTube, Wikipedia, Etherscan, NFL, DoorDash, Netflix and government websites, among others. Under the proposed terms, the former FTX CEO will also be able to visit news websites, including Cointelegraph.
In addition, Bankman-Fried's laptop would be monitored by security software that would record his online activity. In addition, the proposal states that:
"Fifth, the defendant will not object to the installation of court-authorized call logs on his phone number, Gmail account, and Internet service. Those call log warrants will be requested by the Government and maintained by the Federal Bureau of of Investigations."
Bankman-Fried's $250 million bail has been under scrutiny since February 9, after it was it was found that he had contacted potential witnesses in your case. He was also temporarily forbidden to use a VPN after prosecutors accused him of using it on two occasions, on January 29 and February 12.
Court opened a replacement charge against Bankman-Fried on February 22 containing 12 criminal counts, including eight counts of fraud-related conspiracy, as well as four counts of wire fraud and securities fraud.
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