The Morning After: The Justice Division desires to maintain Sam Bankman-Fried on a flip cellphone

FTX founder and former CEO Sam Bankman-Fried could also be caught utilizing a characteristic cellphone. In a letter seen by Bloomberg, prosecutors mentioned Bankman-Fried’s legal professionals had agreed to switch the phrases of his bail settlement. Offered the decide overseeing the case agrees to the adjustments, SBF can be restricted to utilizing a “non-smartphone” with out web connectivity. Until a lawyer is current, he may also be forbidden from contacting present or former FTX and Alameda Analysis staff. The proposed restrictions got here after Bankman-Fried allegedly tried to contact the overall counsel of FTX’s US subsidiary over Sign in the beginning of the 12 months. District Choose Lewis Kaplan threatened to revoke Bankman-Fried’s bail and ship him to jail earlier than the beginning of his trial after studying the disgraced entrepreneur could have influenced potential witnesses.

Beneath the modified bail settlement, SBF could be allowed to make use of a laptop computer to surf the online, however his entry could be filtered by way of a VPN that might restrict him to 2 classes of internet sites. One class would come with sources his protection workforce says are important to his case. The opposite has 23 web sites SBF may use to order meals, learn the information and watch streaming content material.

– Mat Smith

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