Bankman-Fried banned from using VPN, bail arguments set for Thursday

Sam Bankman-Fried was temporarily ordered to stop using a VPN after he used a private network to watch the Super Bowl and other football games.A judge banned Sam Bankman-Fried from using a VPN after the former FTX boss said he used a private network to watch the Super Bowl while under house arrest.

The move comes as Bankman-Fried’s lawyers negotiate his bail terms with prosecutors. The judge recently barred Bankman-Fried from using encrypted messaging apps like Signal after he was accused of contacting a potential witness in his criminal case. Bankman-Fried is also banned from contacting current or former FTX employees until his bail conditions are settled.

Officials discovered earlier this week that Bankman-Fried had used a VPN, according to court filings, raising concerns that the government would be unable to see the websites he visits or the data he sends and receives while using a private network. Bankman-Fried is under house arrest on a $250 million bond and could spend decades in jail if he is convicted.

Maybe he can get Madof's cell.

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U.S. judge puts SEC, CFTC cases against FTX's Sam Bankman-Fried on holdA U.S. judge on Monday put two regulators' civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange. Sam Bankman-Fried should be facing life in prison, similar to Bernie Madoff. Hairy plotter on the spot ! Why on hold? Throw the bum in prison.
Source: Reuters - 🏆 2. / 97 Read more »