The FTX founder would also be prohibited from using his parent’s devices.
Sam Bankman-Fried should have limited access to the internet and only be allowed to use a flip phone—limited to voice calls and text messages—while on bail, the Department of Justice proposed to a judge late Friday, as the FTX founder remains at his parent’s home amid federal charges for alleged fraud at his cryptocurrency exchange.Copyright 2023 The Associated Press. All rights reserved.
A government-issued laptop configured with specialized virtual private networks —used to encrypt internet use and disguise a user’s identity—limiting him to specific applications and websites, including Netflix, Doordash and Spotify, would also be provided and monitored. Bankman-Fried should only be allowed VPNs to contact his lawyers or to access whitelisted sites—like Wikipedia,Bankman-Fried also should be prevented from using his parents’ devices, as they must submit sworn statements listing the serial numbers and MAC addresses for their iPhones, Apple laptop and iMac desktop, which would be installed with security software that will monitor who is using them.
Other restrictions would include prohibiting him from purchasing any new devices and from contacting any current or former FTX or Alameda employees unless a lawyer is present.Bankman-Fried’s internet privileges were restricted previously, after U.S. District Judge Lewis Kaplan and federal prosecutors discovered he was using VPNs.
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