Judge Worried About Bankman-Fried’s Bail Conditions Are Too Light
According to a Friday Reuters article, a federal court does not believe suggested amendments to Sam Bankman-Fried’s bail terms would be sufficient to manage the disgraced FTX founder’s problematic internet activity while awaiting trial.The judge voiced alarm about the plan, implying that Bankman-Fried was “inventive” and may discover methods to circumvent the limits and connect with others online in secret. The United States District Court for the Southern District of New York’s Lewis Kaplan suggested that Bankman-Fried be barred from using cellphones, tablets, laptops, and any video gaming platforms or devices that enable chat and voice contact. According to the proposal, Bankman-Fried’s communication should be confined to a flip phone or other non-smartphone with no internet or internet capabilities deactivated. Bankman-Fried is battling to avoid prison until his Oct. 2 fraud trial, with Kaplan concerned that the former millionaire was pushing the boundaries of his $250 million bail package. At today’s hearing, Kaplan described Bankman-Fried as “inventive.”.