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Browse: Home / 2023 / February / 17 / Judge Signals Jail Time if Bankman-Fried’s Internet Access Is Not Curbed – The New York Times

Judge Signals Jail Time if Bankman-Fried’s Internet Access Is Not Curbed – The New York Times

By Securities Docket on February 17, 2023, 9:31 am

Since his arrest two months ago, Samuel Bankman-Fried, the disgraced cryptocurrency executive, has been physically confined to the Palo Alto home of his parents, under the force of a $250 million bail package.

But he has roamed largely unfettered in the wilderness of the internet: conducting interviews, posting narratives, making calls on encrypted apps and using a virtual private network, a web tool that allows users to conceal data and visit websites without detection.

Those unrestrained days may soon be over.

On Thursday, a federal judge overseeing Mr. Bankman-Fried’s multibillion-dollar fraud case signaled a willingness to jail him for his persistent testing of his confinement’s boundaries, going beyond what prosecutors had asked.

Source: Judge Signals Jail Time if Bankman-Fried’s Internet Access Is Not Curbed – The New York Times

Posted in Criminal, Top | Tagged Bail, FTX

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