Crypto News:
On March 28, court documents revealed that Sam Bankman-Fried, the founder of FTX, has agreed to new bail conditions that will restrict his access to technology.
The proposed conditions were submitted for approval to District Judge Lewis Kaplan of the Southern District of New York.
If approved, Bankman-Fried will be given a new phone without internet access and will only be able to use text messages and voice calls.
He will also receive a new laptop with limited functionality and will be restricted to accessing approved websites only. Furthermore, Bankman-Fried’s parents, with whom he will be residing, have agreed to prohibit him from using their devices or bringing unauthorized devices into their home.
This development followed a previous attempt by Judge Kaplan to completely restrict Bankman-Fried’s access to electronics, citing concerns about the number of electronic devices he had at his parents’ house and a suspicion that he may have been engaging in illegal activities.
