United States District Judge Lewis Kaplan indicated at a hearing Friday he might modify FTX founder Sam Bankman-Fried’s bail conditions, but only after attorneys further tighten the restrictions on Bankman-Fried’s access to technology. Kaplan said he’s still not convinced that the founder of bankrupt crypto trading platform FTX wouldn’t be able to circumvent the more-restrictive bail conditions that were filed last week.
He also said Bankman-Fried could simply use a flip phone to call someone to express what he would otherwise send in an email or text. “This defendant has given some pretty strong reasons to be suspicious,” Kaplan said. Judge Kaplan asked the defense to submit an updated bail modification order that would tighten the restrictions to address his concerns.
I think it's difficult to modify the bail.
;-) that’s the ticket
Hopefully he didn’t buy 200k shares of Silicon Valley Bancshares yesterday….
They are priming him for a government take over of the crypto market. Same thing they did to gold.