Bankman-Fried heads to court again as prosecutors seek stricter bail rules | CNN Business

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FTX founder Sam Bankman-Fried is set to appear in New York federal court for the second time this week as a judge weighs a proposal from prosecutors to tighten the conditions of his bail

Prosecutors on Wednesday asked Judge Lewis Kaplan to significantly restrict Bankman-Fried’s use of cellphones, computers and the internet. They allege that Bankman-Fried found “loopholes” that allowed him to potentially violate the conditions of his bail, including use of a VPN, or virtual private network.

In a letter to Judge Kaplan on Wedesday, prosecutors proposed limiting Bankman-Fried’s use of electronic devices to prepare for trial, allowing only a Gmail account, voice calls and text messaging. He could use Zoom to communicate with this attorneys, they said. They also asked the judge to limit Bankman-Fried to one computer and one cellphone, both of which would have monitoring systems.

Source: News Formal (newsformal.com)

 

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