Prosecutors call for strict restrictions on Bankman-Fried’s internet use | – #Prosecutors #call #strict #restrictions #BankmanFrieds #internet
NEW YORK, Feb 15 (Reuters) – On Wednesday USA prosecutors urged a judge to impose strict restrictions on the internet use of indicted FTX cryptocurrency exchange founder Sam Bankman-Fried, arguing that the current conditions “leave too much room for inappropriate behavior.”
Separately, earlier on Wednesday court documents showed that the former dean of Stanford University’s law school and a computer science researcher at the school signed the Bankman-Fried agreement with his parents. He is out on $250 million bond after pleading not guilty to fraud charges stemming from the bankruptcy of the now-bankrupt FTX.
As a condition of bail, USA, U.S. District Judge Lewis Kaplan barred the 30-year-old former billionaire from contacting current or former employees of the exchange and hedge fund Alameda Research, and from using encrypted messaging programs such as Signal, which allow users to automatically exchange information. delete messages.
The ban came after federal prosecutors in Manhattan raised concerns that Bankman-Fried would try to influence potential witnesses ahead of his October trial on charges that Bankman-Fried diverted billions of dollars in FTX client funds to hedge fund Alameda Research.
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On Wednesday, prosecutors said Bankman-Fried’s use of a virtual private network (VPN) to access the internet after the ban was imposed was of greater concern. They called on Kaplan to be completely banned from using the internet, except for reviewing the evidence against him or using email on his Gmail account.
“The defendant is a technologically advanced individual, both capable and inclined to seek solutions to narrower bail conditions,” prosecutors wrote.
Prosecutors said he should be allowed to use voice calls and text messages on his cell phone, but only allow him to use Zoom to communicate with his attorneys.
Bankman-Fried’s attorneys said her attempts to contact FTX’s current general counsel and executive director were an attempt to help, not to interfere. Because he bought an international subscription while living in the Bahamas National They said they use a VPN to watch the Football League playoff games.
However, adding a bail condition prohibiting the use of the VPN unless prosecutors need access to evidence so they can prepare their defense offer they did
They communicate with him by phone, email, SMS text messages and direct Twitter messaging offer they did, but also disabled iMessage from his phone.
Kaplan is set to hold a hearing Thursday on Bankman-Fried’s bail conditions.
GUARANTEE IN THE ECONOMY
On Wednesday morning, Kaplan said former Stanford Law School dean Larry Kramer had pledged $500,000 to secure Bankman-Fried’s return to court. dollarswhile Stanford computer science researcher Andreas Paepcke 20He ordered the release of documents showing he had signed a $0,000 loan.
Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, both Stanford law professors, pledged their Palo Alto, Calif., home as part of a $250 million bail package that secured their son’s return to court.
The names of the other two bailiffs were redacted, but Kaplan later ruled in favor of media outlets, including Reuters, who argued the public had a right to know their identities. Bankman-Fried argued that the security of the guarantors was at risk, but Kaplan’s ruling, according to a person familiar with the matter, protest decided not to.
Kramer said in a statement that he and his wife have been friends with Bankman and Fried for decades. She said they have been supportive over the past two years “while my family has been through a tough battle with cancer.”
“In turn, we tried to support them as they faced their crises,” Kramer said. “My actions are personal and I have no business or interest in this matter except to help our loyal and patient friends.”
Paepcke did not respond to a request for comment.
Reporting by Luc Cohen in New York; Edited by Daniel Wallis and Lincoln Feast
Our standards: Thomson Reuters Trust Principles.
Luc Cohen
2023-02-16 04:22:48
Source – reuters
Translation“24 HOURS”