Sam Bankman-Fried (SBF), the founder of FTX, who is charged with multiple major civil and criminal charges such as financial fraud and money laundering, is still on bail and under house arrest at his parents' home in California. However, SBF was caught using a virtual network ( VPN) to watch the Super Bowl game , and was revealed to have tried to contact the current CEO of FTX John Ray to meet alone, which violated the bail conditions previously restricted by the court.
The violations angered New York Judge Lewis Kaplan, who is overseeing his criminal fraud case, who warned SBF that if he continued to violate the terms of his bail, he would have a revocation hearing and send him to jail.
Extended reading: Can't quit VPN! SBF needs internet experts to appear in court to explain, "seeking loosening" unreasonable bail monitoring
SBF attorneys agree new bail conditions with U.S. attorneys
In order to resolve the dispute over bail conditions, SBF's legal team recently announced that it has hired two technical experts, one of whom is a senior FBI agent. The legal documents submitted on Monday (27th) show that SBF's lawyers have Agreed with U.S. Attorneys on new bail conditions.
Under the bail conditions approved by Lewis Kaplan, SBF will be given a new mobile phone, which has no internet access and is limited to text messages and voice calls.
In addition, SBF will also be given a laptop with limited capabilities that will only allow the use of two types of websites: those that his attorneys deem necessary to prepare his defense, and those that the U.S. does not consider to pose a risky purpose.
The document also lists the details of these websites. Among them, the websites that the lawyer believes are necessary to prepare for the defense include: Wikipedia, blockchain browsers (Etherscan, Solscan), token information websites (Coingecko, Coinmarketcap), Youtube and Docusign…. etc.; while the United States considers that there are 23 websites in total that do not pose risky purposes, including: various news websites, Major League Baseball (MLB), National Football League (NFL), streaming services Netflix and Spotify, and foreign websites. Delivery platform Uber Eats and Doordash.
It's worth mentioning that since SBF is currently living with his parents, his parents agree that SBF is prohibited from using their devices, and that unauthorized devices are not allowed into the home.
