Former FTX chief executive Sam Bankman-Fried has proposed new bail conditions, the United States Department of Justice (US DoJ) said in a 3 March court filing.
US district court judge for the Southern District of New York, Lewis Kaplan, said in his proposal to block Bankman-Fried from access to tablets, smartphones, computers, video game platforms, and chat or voice communication devices.
The disgraced executive will only have access to “a flip phone or other non-smartphone with either no internet capabilities or internet capabilities disabled.“
Further documents have called for the new conditions to remain after Bankman-Fried’s defence team negotiated the new terms via a proposal on 3 March.
The teams also proposed temporary restrictions such as ending contact or communications with ongoing or previous FTX and Alameda Research employees. Exceptions to the restrictions include communications in the presence of counsel.
Furthermore, Bankman-Fried cannot use encrypted or disappearing messages, virtual private networks, and other services.
Sanctioned websites for browsing have been limited to Wikipedia, YouTube, Etherscan, DoorDash, Netflix, NFL, and government websites, among others. Authorities will also monitor his communications with security software.
The proposal adds: “The defendant will not object to the installation of court-authorized pen registers on his phone number, Gmail account, and internet service. Those pen register orders will be sought by the Government and maintained by the Federal Bureau of Investigation.“
The news comes after the ex-CEO received a $250 million USD bail after Bahamian authorities detained him and extradited him to New York courts. To date, he faces 12 charges such as wire fraud, conspiracy to commit wire fraud, and others related to political donations.
