Bankman-Fried heads to court again as prosecutors seek stricter bail rules | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

FTX founder Sam Bankman-Fried is set to appear in New York federal court for the second time this week as a judge weighs a proposal from prosecutors to tighten the conditions of his bail

Prosecutors on Wednesday asked Judge Lewis Kaplan to significantly restrict Bankman-Fried’s use of cellphones, computers and the internet. They allege that Bankman-Fried found “loopholes” that allowed him to potentially violate the conditions of his bail, including use of a VPN, or virtual private network.

In a letter to Judge Kaplan on Wedesday, prosecutors proposed limiting Bankman-Fried’s use of electronic devices to prepare for trial, allowing only a Gmail account, voice calls and text messaging. He could use Zoom to communicate with this attorneys, they said. They also asked the judge to limit Bankman-Fried to one computer and one cellphone, both of which would have monitoring systems.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sam Bankman-Fried, Caroline Ellison, and Other Company Insiders Subpoenaed by FTX for DocumentsFormer executives of FTX_Official including SBF_FTX, his father, Sam Bankman, and carolinecapital as well as other company insiders have been subpoenaed to provide documents. thesamreynolds reports
Source: CoinDesk - 🏆 291. / 63 Read more »