FTX founder should be limited to flip phone, no internet while on bail: officials
exchange founder’s communications was filed late on Friday in Manhattan federal court, on behalf of the government and Bankman-Fried’s defense team.Kaplan had signaled at a Feb. 16 hearing that he might jail the 30-year-old Bankman-Fried for testing the limits of his $250 million bail package by communicating in ways that could not be monitored.
Laptop internet use would be restricted to specified virtual private networks, 23 websites for personal use covering news, including Reuters, sports and food delivery, and websites to help Bankman-Fried prepare for his scheduled Oct. 2 trial.Story continues below advertisement Bankman-Fried is living under house arrest with his parents, both Stanford Law School professors, in Palo Alto, California.
The parents agreed to submit sworn affidavits that they would not bring other electronic devices into their home or let their son use theirs. They also agreed that each device would carry software that periodically takes videos or photos of the user, which court officers would be allowed to review, the letter said.— Reporting by Jonathan Stempel in New York and Anirudh Saligrama in Bengaluru; Editing by Daniel Wallis
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