Published May 31, 2023, 4:39 p.m. by Violet Harris
The federal judge overseeing Sam Bankman-Fried’s fraud trial threatened to revoke the FXT co-founder’s $250 million bail package if severe restrictions weren’t placed on his use of electronic devices and apps. Joanna Ossinger reports on Bloomberg Television.
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More on this one, though, Sam Bankman-Fried under pressure again on what they
found, at least as far as communications were concerned here.
Jonah, what is the judge saying in his case right now?
What is this about? Well, David, the judge's only been
looking at some Hang Seng communications overall
and what he may or may not have been talking with talking to other people
involved in the case about. And he's saying he may restrict
communications further. He actually threatened jail time
regarding it. And so he's really watching closely what
Bank and Freed is doing related to, you know, if he's using it used a virtual
private network that he said was so he could watch football games, you know.
So there's the judges really watching exactly what communication methods he
has and may try to limit them further.
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