What Sam Bankman-Fried’s revised bail terms entail
March 29, 2023
By Suzuki Shillsalot
Sam Bankman-Fried’s lawyers and prosecutors have agreed upon modified bail terms for the disgraced CEO.
The revised terms include a cell phone for SBF with no internet connectivity and a laptop with monitoring software.
Sam Bankman-Fried’s defense team and the prosecutors assigned to his case have agreed over the terms of the disgraced crypto tycoon’s bail conditions. The modified bail terms will apply to the former FTX CEO while he awaits trial in the criminal case filed against him by the United States Department of Justice.
SBF to use a phone with no internet access
According to the documents filed in the U.S. District Court for the Southern District of New York, Sam Bankman-Fried will be allowed to use a cellphone with no internet connection. The phone would allow the disgraced CEO to make phone calls and communicate through SMS. All other communication devices are off-limits for SBF.
Bankman-Fried will also have access to a laptop with restricted access, which will only let him view pre-approved websites. The laptop will have monitoring software to track SBF’s activities. Additionally, in the event that there is a reasonable suspicion of violation, the devices will be called for a search.
To read the entire article...Click Here!
