FTX Founder Sam Bankman-Fried’s Bail Conditions Include Non-Internet Connected Phone By Benzinga
Benzinga – An attorney for the U.S. Department of Justice has proposed that Sam Bankman-Fried should have restricted access to the internet as part of his bail conditions, according to recent court filings.
Bankman-Fried is the founder of FTX, a bankrupt cryptocurrency exchange, and is facing charges of wire fraud and money laundering to which he has pleaded not guilty.
The proposal comes after suspicions that Bankman-Fried attempted to contact witnesses while on bail.
The proposed restrictions include the use of a non-internet-connected flip phone and a whitelist of approved websites for Bankman-Fried’s laptop.
Video games and other connected applications should also be restricted.
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The filing suggests that Bankman-Fried’s defense counsel has agreed to the proposed conditions.
The filing further states that Bankman-Fried’s parents must sign affidavits confirming the internet-connected devices in their homes and agree not to bring in additional devices.
They would also be required to install monitoring software and ensure that Bankman-Fried cannot use their devices.
The government’s move to tighten bail conditions came after it was revealed that Bankman-Fried had used a virtual private network, and District Judge Lewis Kaplan expressed skepticism about his claims that he only used it to watch football.
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Photo: commons.wikimedia.org
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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