FTX cofounder Sam Bankman-Fried while on bail should be allowed a cellphone with no Internet capability and a basic laptop with limited functions, but forbidden from using other electronic communication devices, the US Department of Justice said.
The proposal to limit the his communications was filed late on Friday in Manhattan Federal Court in New York, on behalf of the government and Bankman-Fried’s defense team.
It requires approval by US District Judge Lewis Kaplan, who oversees the case.
Photo: AP
Kaplan had signaled at a Feb. 16 hearing that he might jail Bankman-Fried, 30, for testing the limits of his US$250 million bail package by communicating in ways that could not be monitored.
The judge said he did not want to set Bankman-Fried “loose in this garden of electronic devices,” following accusations that he tried to contact possible government witnesses, and used a virtual private network to watch football.
Bankman-Fried pleaded not guilty after prosecutors said he stole billions of US dollars of FTX customer funds to plug losses at his Alameda Research hedge fund.
He faces 12 criminal charges under an indictment made public on Feb. 23.
The proposed non-smartphone for Bankman-Fried would be limited to voice calls and SMS text messages.
Laptop Internet use would be restricted to specified virtual private networks, 23 Web sites for personal use covering news, sports and food delivery, and other Web sites.
Bankman-Fried is living under house arrest with his parents in Palo Alto, California.
His parents agreed to submit sworn affidavits that they would not bring other electronic devices into their home or let their son use theirs.
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