DOJ seeks to slim Sam Bankman-Fried’s bail phrases, use solely flip telephones


Related articles

The US Division of Justice has proposed new bail situations for former FTX CEO Sam Bankman-Fried (SBF), a court docket submitting made late March 3 shows

In response to the proposal submitted to District Decide Lewis Kaplan of the Southern District of New York, Bankman-Fried must be prohibited from utilizing smartphones, tablets, computer systems and any sort of online game platforms or units that permit chat and voice communication. The proposal restricts his communication to “a flip telephone or different non-smartphone with both no web capabilities or web capabilities disabled.”

The doc by lawyer Damian Williams “on behalf of events” additionally requests that the non permanent bail situations not too long ago imposed must be made everlasting. The plan is believed to have been negotiated together with his protection group, which requested to submit a proposal by March 3.

The non permanent phrases embrace no contact or communication with present or former staff of FTX or Alameda Analysis, besides within the presence of counsel, together with a prohibition of utilizing any encrypted or ephemeral name or messaging utility, in addition to a VPN. 

Bankman-Fried’s entry to web sites would even be restricted to a whitelist of pre-approved pages, which incorporates YouTube, Wikipedia, Etherscan, NFL, DoorDash, Netflix, and authorities web sites, amongst others. Underneath the proposed phrases, the previous FTX CEO might be allowed to go to information web sites as effectively, together with Cointelegraph.

Additional, Bankman-Fried’s laptop computer could be monitored by a safety software program that can log his on-line exercise. As well as, the proposal notes that:

“​​Fifth, the defendant won’t object to the set up of court-authorized pen registers on his telephone quantity, Gmail account, and web service. These pen register orders might be sought by the Authorities and maintained by the Federal Bureau of Investigation.” 

Bankman-Fried’s $250 million bail has been below scrutiny since Feb. 9, after he was found to have contacted potential witnesses on his case. He was additionally quickly banned from using a VPN after prosecutors accused him of utilizing it on two events, on Jan. 29 and Feb. 12.

The court docket unsealed a superseding indictment in opposition to Bankman-Fried on Feb. 22 containing 12 prison counts, together with eight conspiracy prices associated to fraud in addition to 4 prices of wire fraud and securities fraud.