FTX: Revised Bail Conditions Bar SBF From Using Phones & Internet
After getting released on bail, Sam Bankman-Fried , the former CEO of FTX has been under house arrest. His bail, however, wasn’t as easy, as it came with a plethora of conditions. The first few were limited to not talking to the current and former employees of FTX . The Southern District of New York U.S. District Court judge was persuaded by the federal prosecutors to further modify the conditions of his release. It was brought to light that SBF employed a virtual private network [VPN] to watch football. He reportedly did this twice in order to stream the National Football League playoff games. The prosecution was not pleased hence, they sought to ask the court to prohibit SBF from using phones and even the internet. He would only be permitted to utilize these benefits under specific circumstances. As per his previous terms, he was barred from employing encrypted or ephemeral messaging applications. The filing further read, “Within the span of a month, the...