Prosecutors want Sam Bankman-Fried to use a flip phone as part of a more restrictive bail package

Business
Published 04.03.2023
Prosecutors want Sam Bankman-Fried to use a flip phone as part of a more restrictive bail package


The use of a flip cellphone, or some non-smartphone, is considered one of a number of restrictions that prosecutors and Sam Bankman-Fried’s attorneys are collectively asking the choose to approve.


The legal professionals have been working to fulfill considerations raised by Judge Lewis Kaplan, who stated he might “conceivably” revoke Bankman-Fried’s bail after he discovered there was a “threat” of witness tampering.


The crypto entrepreneur reached out to the previous basic counsel of FTX and used a digital non-public community, or VPN, days after the choose stated he needed to limit the usage of encrypted units.


Bankman-Fried was charged with a number of counts of conspiracy and fraud in what prosecutors allege is without doubt one of the largest monetary frauds in US historical past. He pleaded not responsible to fees he misused buyer funds in FTX to prop up associated hedge fund Alameda Research, make enterprise investments, and donate to political campaigns to affect coverage.


Bankman-Fried was launched on a $250 million bond and is confined to the house of his mother and father, Stanford University regulation professors, in Palo Alto, California.


Under the proposal, Bankman-Fried’s new laptop computer will “be configured so that he is only able to log on to the internet through the use of specified VPNs, and that the VPNs only permit the defendant to access websites that have been whitelisted through the VPNs.”


Among the web sites are applications he might use to organize for his protection, together with Zoom, Microsoft Office, Python, and Adobe Acrobat. Monitoring instruments additionally can be put in on his laptop computer and he can be prohibited from shopping for digital units.


Bankman-Fried additionally can be restricted from scrolling the web, together with his entry restricted to court-approved web sites. The legal professionals proposed a number of websites to assist put together his protection, together with YouTube, read-only web sites exhibiting crypto costs, and analysis web sites. Bankman-Fried additionally requested to view others for his private use, together with news websites, Netflix, Spotify, Uber Eats, Amazon and baseball and soccer websites.


The choose beforehand raised considerations about Bankman-Fried’s entry to his mother and father’ computer systems, cell telephones and web. Attorneys proposed the mother and father signal affidavits stating they will not let their son use their units, which might be password protected. In addition, every gadget would have software program that may {photograph} or take video of the consumer.