SBF lawyers to pay for technical expert to aid judge on bail terms

Share This Post

The judge overseeing Sam Bankman-Fried’s fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks.

Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried’s bail terms.

Bankman-Fried lawyers Christian Everdell and Mark Cohen sent a letter to Judge Lewis Kaplan on Feb. 21 agreeing with his proposal for a technical professional to aid him.

According to the letter, “the defense has already begun researching and contacting possible experts and anticipates being able to propose one or more potential candidates to the court by the end of the week.”

Judge Kaplan suggested at a bail hearing last week following a tightening of bail terms when it was discovered that Bankman-Fried had been accessing the internet using a VPN (virtual private network).

A VPN obscures and encrypts a user’s internet traffic and is often used to change internet (IP) addresses, to add a layer of security to communications or to access censored content in autocratic regimes.

The judge has been trying to achieve a balance between letting Bankman-Fried access communication channels to prepare his defense and the potential misuse of messaging apps and privacy software.

Judge Kaplan temporarily banned Bankman-Fried from using a VPN or any encrypted messaging apps until his bail terms are settled.

Related: Sam Bankman-Fried may no longer be allowed to play League of Legends

The technical expert will help the judge navigate issues regarding encrypted messages, privacy-focused messaging apps and VPNs.

Bankman-Fried and his attorneys claim he used the VPN on two occasions, to watch the NFL playoffs on Jan. 29 and to watch the Super Bowl on Feb. 12.

Prosecutors have asked for strict bail terms limiting Bankman-Fried’s access to the internet and messaging platforms. They also alleged that VPN use “raised several potential concerns” regarding thepotential access of crypto platforms that have blocked United States users.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Latam Insights: Bukele Announces Self-Financed Budget; Salvadoran Coffee Purchase Settled With Bitcoin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week In this issue, President Nayib Bukele announces a zero debt budget, a batch

BNB Price Tops $600: Can the Rally Continue?

BNB price started a fresh increase above the $550 resistance zone The price is now consolidating near $600 and might aim for more gains BNB price started a fresh increase above the $550 resistance

XRP Price Could Soon Surge: Can Bulls Fuel the Rally?

XRP price is attempting an upside break above $0600 The price is showing positive signs, but a weekly close above $0600 is needed for a fresh surge XRP price started another increase toward the

Lavrov Says He Agrees With Donald Trump on US Sanctions Weakening Dollar’s Status

Russian Foreign Minister Sergey Lavrov has backed former US President Donald Trump’s remarks about the negative effects of US sanctions on the dollar and the American economy Lavrov agreed that

Ethereum Price Breaks $2,600: Is More Upside Ahead?

Ethereum price started a fresh upward move above the $2,500 resistance ETH is now gaining pace above $2,600 and might continue to rise Ethereum started another increase from the $2,400 resistance The

Bitcoin Price Regains Strength: Is a New Rally Brewing?

Bitcoin price gained pace above the $62,500 resistance BTC even cleared the $63,200 level and is now consolidating gains above $63,500 Bitcoin is gaining pace above the $63,200 resistance zone The