A federal judge has become impatient with Sam Bankman-Fried’s use of the internet while on bail, suggesting that jail might eventually be a better way to prevent the FTX founder from communicating on electronic devices in ways that can’t be traced.
February 17, 2023 GMTFTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16, 2023. The FTX founder returned to a New York courtroom for the second time in two weeks to explain why he keeps accessing parts of the internet that the government can't monitor and how it might affect his bail. FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16, 2023.
Judge Lewis A. Kaplan did not immediately change a $250 million bail package that lets Bankman-Fried live with his parents in Palo Alto, California, while preparing for trial on charges that he cheated investors and looted customer deposits at FTX, his cryptocurrency trading platform.
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