Richter alludes to the possibility of a SBF deposit cancellation
Richter alludes to the possibility of a SBF deposit cancellation
Since Sam Bankman-Fried was allowed to stay in his parents' house until his trial in October, several missteps have occurred.
between a long -winded tirade on Substack, in which he shows his view of the collapse of FTX, and try to contact the current CEO of the failed stock exchange and former employees in order to "help with the clarification of things", the website of SBF has left a clear impression.
Probable cause of witness manipulation
In a hearing on February 16, judge Lewis Kaplan said that there was likely to assume that SBF tried to commit a federal crime while he was on deposit - namely witness manipulation or at least an attempt to manipulate witnesses.
As a result, the public prosecutors Richter Kaplan asked to consider Bankman-Fried's access to computers and other devices considerably, and argued that he had found loopholes such as VPNs that made it possible for him to avoid his deposit conditions."There is now an recording before the court about a defendant who seems motivated to avoid surveillance and find loopholes in existing deposit conditions."
defense asks for mildness, judge indicates the deposit repayment
The lawyer of SBF, Mark Cohen, is said to have granted the need for stricter surveillance as an answer, but still asked for leniency according to CNN. He argued that SBF's contribution was necessary to build up his defense. According to Cohen, internet access would be required to look through FTX financial documents."My client understands what this is about. He literally stands for his life in court. We need him to work on this defense. We cannot go through these extensive financial documents without him."
The prosecutor admitted that there was no perfect solution. However, the judge found that there was a solution, although one that has not yet been proposed that indicates the lifting of the SBF deposit and cites a violation of the deposit conditions of the former mogul.
Nevertheless, it is worth noting that the judge's poorly hidden proposal does not yet have a legal weight, since it was not a complete proposal to the court.
Richter Kaplan, however, suggested the use of a security expert who would work for the judge and be paid for by the defense. The security expert would advise the judge on technical questions in order to develop a new solution for SBF's deposit conditions for electronic devices.
At the moment, the public prosecutor has proposed some new conditions that would make SBF possible to only access its Gmail account and for the purpose of communication with lawyers on zoom. If this proposal is accepted, voice calls and text messages would also be on the table.
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