Federal prosecutors have cited a number of incidents the place Bankman-Fried violated his bail situations of their efforts to persuade US District Choose Lewis Kaplan that he must be in jail main as much as his felony trial slated for October.
Bankman-Fried, who’s beneath home arrest in California on a $250 million bail, is allowed to make use of his laptop computer with restrictions. However prosecutors alleged that he downloaded a VPN earlier this yr as a way to watch the Tremendous Bowl. He additionally allegedly downloaded Sign — a self-encrypting and deleting messaging app — as a way to message FTX’s basic counsel, who can be anticipated to testify in opposition to him.
“I’d actually like to reconnect and see if there’s a method for us to have a constructive relationship, use one another as sources when potential, or at the very least vet issues with one another,” Bankman-Fried wrote within the message, in line with prosecutors.
He has pleaded not responsible to federal costs of wire fraud, securities fraud, and cash laundering. He can have a separate trial in March 2024 for added costs of bribery and financial institution fraud.