Lewis Kaplan Damian Williams Sam Bankman-Fried New York Usa business FTX Court Bankruptcy Lewis Kaplan Damian Williams Sam Bankman-Fried New York Usa

DOJ seeks to narrow Sam Bankman-Fried's bail terms, use only flip phones

Reading now: 565
cointelegraph.com

The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing made late March 3 shows.

According to the proposal submitted to 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 chat and voice communication.

The proposal restricts his communication to "a flip phone or other non-smartphone with either no internet capabilities or internet capabilities disabled." The document by attorney Damian Williams "on behalf of parties" also requests that the temporary bail conditions recently imposed should be made permanent.

The plan is believed to have been negotiated with his defense team, which requested to submit a proposal by March 3. The temporary terms include no contact or communication with current or former employees of FTX or Alameda Research, except in the presence of counsel, along with a prohibition of using any encrypted or ephemeral call or messaging application, as well as a VPN.

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA