Monitoring tools also would be installed on his laptop and he would be prohibited from buying electronic devices.īankman-Fried also would be restricted from scrolling the internet, with his access limited to court-approved websites. Under the proposal, Bankman-Fried’s new laptop will “be configured so that he is only able to log on to the internet through the use of specified VPNs, and that the VPNs only permit the defendant to access websites that have been whitelisted through the VPNs.”įormer director of engineering at FTX Nishad Singh pleads guilty to criminal chargesĪmong the websites are programs he could use to prepare for his defense, including Zoom, Microsoft Office, Python, and Adobe Acrobat. ![]() He pleaded not guilty to charges he misused customer funds in FTX to prop up related hedge fund Alameda Research, make venture investments, and donate to political campaigns to influence policy.īankman-Fried was released on a $250 million bond and is confined to the home of his parents, Stanford University law professors, in Palo Alto, California. Yuki Iwamura/AFP/Getty ImagesįTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violationsīankman-Fried was charged with multiple counts of conspiracy and fraud in what prosecutors allege is one of the largest financial frauds in US history. ![]() Former FTX chief executive Samuel Bankman-Fried (L) leaves Manhattan Federal Court after his bail conditions hearing in New York City on February 9, 2023.
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