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Home»Tech World»Interesting development in the case where the crypto money market is locked

Interesting development in the case where the crypto money market is locked

By Samuel Lamba06/03/20232 Mins Read
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In a letter seen by Bloomberg, prosecutors dealing with the criminal case said on Friday. Bankman-Fried’s They said their lawyers had agreed to change the terms of the bail contract. Provided that the trial judge accepts the changes, SBF limited to using a “non-smart phone” without an internet connection. Current or former, unless a lawyer is present FTX and Alameda Research employees. Also, SBF will not be able to use encrypted messaging apps, including Signal.

Suggested restrictions, Bankman-Fried’s at the beginning of the year of FTX with the general counsel of its subsidiary in the USA Signal It came after the allegation that he tried to contact via According to the Ministry of Justice SBF “I would really like to reconnect and see if there is a way for us to have a constructive relationship, to use each other as resources whenever possible, or at least to examine things with each other,” she said in the message.

Interesting development in the case where the crypto money market is locked

according to Bloomberg District Judge Lewis Kaplan, after learning that the disgraced entrepreneur may have influenced potential witnesses Bankman-Fried’s threatened to revoke his bail and send him to jail before his trial begins. Last month, Kaplan launched Bankman-Fried’s virtual private network to watch a football game. (VPN) He also banned Bankman-Fried from using a virtual private network (VPN). According to Reuters, Kaplan said he didn’t want the SBF “to get lost in this yard of electronics.”

Pursuant to the amended suretyship agreement, of SBF He will be allowed to use a laptop to browse the web, but his access will be filtered through a VPN, which will limit him to two categories of websites. Other features SBF can use to order food, read news and watch streaming content of 23 websites contains a list. It is not yet known whether the proposed restrictions will limit him from playing League of Legends.

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