Lawyers for Sam Bankman-Fried said Tuesday that their client used a VPN to watch the Super Bowl.A judge on Tuesday ordered Bankman-Fried to stop using a VPN.
When prosecutors discovered that the indicted founder of the FTX cryptocurrency exchange was using a virtual private network to access the internet, they expressed concern that he was potentially using it to trade crypto, in violation of his bail terms, or to access the so-called"dark web," a hotbed of illicit activity.
To allay any concerns, however, the attorneys said Bankman-Fried would immediately stop using the VPN. On Tuesday afternoon, Judge Kaplan made that a condition of his bail, adding the use of a VPN to a list of other prohibited internet activities,. Bankman-Fried was already prohibited from using encrypted messaging apps, in part due to concern he could seek to intimidate or influence FTX employees. Use of a VPN, Kaplan ruled,"presents many of the same challenges."
In December, Bankman-Fried was charged with eight counts of fraud and conspiracy related to"misappropriating" customer funds at FTX, which filed for bankruptcy last November. Prosecutors allege that Bankman-Fried used deposits in the cryptocurrency exchange to finance investments placed through Alameda Research, another company he founded.Sign up for notifications from Insider! Stay up to date with what you want to know.
homeboy doesn't get Fox in the house where his parents hired a private army to keep people from murdering him? you think millionaires would be able to afford basic cable
I don't believe his lawyers anymore than him. This whole thing seems to be collusion, in a strange way. The thief, lawyers, and I'm inclined to lean on the judge as well. Seems ever since the bond was made, this hasn't been a normal line of legalities,maybe I'm wrong.
TDoxys
lol
Why are they still treating him like a rich guy?
🔏Shows the layer of the protection VPNs can provide and how ISPs always log and spy customer data
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Sam Bankman-Fried lawyers say VPN 'concerns' from streaming Super BowlSam Bankman Fried used a VPN, raising 'potential concerns' he may have accessed crypto exchanges or the dark web. His lawyers say he was just streaming the Super Bowl. Does anyone working there know what a VPN is and why people use them? oh no, not a VPN. 😱
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