Sam Bankman-Fried will be allowed to use a non-internet-connected flip phone under new bail conditions that include restrictions on internet usage, according to prosecutors cited by Bloomberg.
The former FTX CEO is still free on a $250 million bail but is being held at his parents’ home with an ankle monitor. Prosecutors stated in a letter to U.S. District Judge Lewis Kaplan late Friday that the parties had agreed to changes in the terms of Bankman-Fried’s release.
Did Sam Bankman-Fried Try To Contact Witnesses?
According to Bloomberg, the request was submitted before Kaplan of the Southern District of New York courthouse in response to accusations that Sam Bankman-Fried tried to contact witnesses.
Additional limitations include not contacting current or former FTX or Alameda Research trading arm staff other than direct family members unless accompanied by a lawyer. He is also unable to use encrypted or ephemeral call or…
