Index Investing News
Tuesday, December 23, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Sam Bankman-Fried Should Be Cut Off From the Internet: Prosecutors

by Index Investing News
February 19, 2023
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Key Takeaways

  • U.S. attorney Damian Williams wants Sam Bankman-Fried’s use of cellphones, tablets, computers, and the internet to be severely limited.
  • Bankman-Fried recently used a VPN on two occasions; he also used Signal to contact a former employee.
  • Williams argues that Bankman-Fried is too computer-savvy to be granted Internet access while on bail.

Share this article

Since he’s so willing to circumvent his bail conditions, Sam Bankman-Fried should be cut off entirely from the internet while he awaits trial, say prosecutors.

A Technologically Sophisticated Person

Prosecutors want to tighten Sam Bankman-Fried’s bail conditions yet again.

United States Attorney Damian Williams submitted a letter yesterday to Judge Lewis Kaplan arguing that the court should limit Bankman-Fried’s use of cellphones, tablets, computers, and Internet while he awaits trial.

The request follows prosecutors’ discovery on February 13 that the disgraced crypto founder had used a virtual private network (VPN) on at least two occasions recently to access the internet. Bankman-Fried claimed that he’d only used a VPN to access his NFL Game Pass (which he had purchased in the Bahamas) to watch the AFC and NFC championship games on January 29, and the Super Bowl on February 12. Williams pointed out that Bankman-Fried didn’t need his Game Pass to watch the Super Bowl, since it aired on cable television. 

Williams also highlighted Bankman-Fried’s recent reaching out to FTX US general counsel Ryne Miller through encrypted messaging app Signal. On January 15 Bankman-Fried sent a message to Miller stating that he’d “really love to reconnect and see if there’s a way for us to have a constructive relationship, use each other as resources when possible, or at least vet things with each other.” 

Prosecutors claimed the message was a potential attempt at influencing a witness’ testimony, or even at intimidating Miller into not testifying against him. The court thereafter banned Bankman-Fried from using encrypted messaging apps or reaching out to former employees without a lawyer being present.

However, Williams argued in his letter yesterday that Bankman-Fried was a “technologically sophisticated person with both the ability and the inclination to seek workarounds” to his bail conditions, and that only banning him from accessing the internet altogether—except for matters regarding his case—would prevent further witness tampering. He also stated that Bankman-Fried’s use of a VPN indicated that he could have been responsible for illegally moving over $800,000 in funds associated with Alameda Research back in December.

Disclosure: At the time of writing, the author of this piece owned BTC, ETH, and several other crypto assets.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.



Source link

Tags: BankmanFriedcutInternetProsecutorsSam
ShareTweetShareShare
Previous Post

Average long-term US mortgage rate jumps to 6.32% this week

Next Post

Becoming An All-Star Real Estate Agent Starts With Your Team

Related Posts

Klarna Companions With Coinbase to Combine USDC Stablecoin Funding

Klarna Companions With Coinbase to Combine USDC Stablecoin Funding

by Index Investing News
December 22, 2025
0

Digital funds supplier Klarna expands monetary technique by partnering with Coinbase to make the most of USDC stablecoins for institutional...

Bitcoin’s 4-12 months Cycle Now Pushed by Politics, Not Halving: Analyst

Bitcoin’s 4-12 months Cycle Now Pushed by Politics, Not Halving: Analyst

by Index Investing News
December 14, 2025
0

Bitcoin’s long-debated four-year cycle remains to be enjoying out, however the forces behind it have shifted away from the halving...

ZCash Value Jumps 11% After New Dynamic Charge Plan Proposal

ZCash Value Jumps 11% After New Dynamic Charge Plan Proposal

by Index Investing News
December 10, 2025
0

Be part of Our Telegram channel to remain updated on breaking information protection The Zcash worth has surged 11% within...

Technique CEO says solely a decades-long hunch would power them to promote Bitcoin

Technique CEO says solely a decades-long hunch would power them to promote Bitcoin

by Index Investing News
December 6, 2025
0

Key Takeaways The corporate plans to carry its Bitcoin reserves until confronted with a liquidity disaster lasting a long time....

Greatest Altcoins to Purchase as Cantor Fitzgerald Reveals First Solana ETF Place

Greatest Altcoins to Purchase as Cantor Fitzgerald Reveals First Solana ETF Place

by Index Investing News
December 2, 2025
0

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure Fast Details: ➡️ Cantor Fitzgerald’s Solana...

Next Post
Becoming An All-Star Real Estate Agent Starts With Your Team

Becoming An All-Star Real Estate Agent Starts With Your Team

YouTube CEO Susan Wojcicki says she’s stepping down

YouTube CEO Susan Wojcicki says she’s stepping down

RECOMMENDED

Val Kilmer: Six Memorable Motion pictures to Stream

Val Kilmer: Six Memorable Motion pictures to Stream

April 2, 2025
.5 Million Properties in California

$1.5 Million Properties in California

July 26, 2022
Nio says it won’t join the ‘price war’ and slash prices like Tesla

Nio says it won’t join the ‘price war’ and slash prices like Tesla

April 19, 2023
ESG Fixed-Income Exposure: Index Providers Respond to Asset Manager Demand

ESG Fixed-Income Exposure: Index Providers Respond to Asset Manager Demand

November 30, 2022
Just Listed | 11733 SW Coral Cove Parkway

Just Listed | 11733 SW Coral Cove Parkway

February 16, 2024
What A  Million Property Looks Like Across The U.S.

What A $4 Million Property Looks Like Across The U.S.

November 22, 2023
Marlins signal 2021 WS MVP Jorge Soler to three-year deal

Marlins signal 2021 WS MVP Jorge Soler to three-year deal

March 20, 2022
tata investment share price: Breakout Stocks: How to trade Tata Investment, Mankind Pharma and ITI on Tuesday

tata investment share price: Breakout Stocks: How to trade Tata Investment, Mankind Pharma and ITI on Tuesday

November 20, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In