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

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,

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SBF lawyers to pay for technical expert to aid judge on bail terms

Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried's bail terms.Bankman-Fried’s lawyers Christian Everdell and Mark Cohen sent a letter to

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FTX’s Bankman-Fried could ‘conceivably’ have bail revoked, says judge

Sam Bankman-Fried could “conceivably” have his bail revoked after a federal judge said there was “probable cause” to believe the former FTX CEO may have engaged in attempted witness tampering. During a Feb. 16 hearing on Bankman-Fried’s bail conditions, Judge Lewis Kaplan said there was “probable cause to believe that he

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Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report

Judge Lewis Kaplan reportedly targeted Sam Bankman-Fried’s internet usage in a hearing aimed at reviewing the former FTX chief executive officer use of a virtual private network, or VPN.According to a Feb. 16 tweet from NPR correspondent David Gura, Judge Kaplan may have suggested that Bankman-Fried be denied access to

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Judge allows release of identities of guarantors behind Sam Bankman-Fried’s bail

A federal judge has allowed the identities of guarantors who signed on as sureties for former FTX CEO Sam Bankman-Fried’s $250 million bond to be made public following a request from several news outlets.Court documents released on Feb. 15 show that the two previously unidentified individuals are Andreas Paepcke, a

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Judge extends Sam Bankman-Fried’s bail restrictions on messaging apps: Report

A federal judge has reportedly denied oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps.According to a Feb. 9 Reuters report, Judge Lewis Kaplan of the United States District Court for the Southern District of New York upheld his ruling that Bankman-Fried be restricted

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