U.S.Congress city Manhattan cryptocurrency Sam Bankman-Fried U.S.Congress city Manhattan

FTX founder should be limited to flip phone, no internet while on bail: officials

Reading now: 602
globalnews.ca

Sam Bankman-Fried should be allowed while on bail to have a flip phone with no internet capability and a basic laptop with limited functions, but be forbidden from using other electronic communication devices, the U.S.

Department of Justice said. Read more: Sam Bankman-Fried pleads not guilty in FTX fraud case The proposal to limit the indicted FTX cryptocurrency exchange founder’s communications was filed late on Friday in Manhattan federal court, on behalf of the government and Bankman-Fried’s defense team.

It requires approval by U.S. District Judge Lewis Kaplan, who oversees the case. Kaplan had signaled at a Feb. 16 hearing that he might jail the 30-year-old Bankman-Fried for testing the limits of his $250 million bail package by communicating in ways that could not be monitored.

The judge said he did not want to set Bankman-Fried “loose in this garden of electronic devices,” following accusations that Bankman-Fried tried to contact possible government witnesses and used a virtual private network to watch football.

Read more on globalnews.ca
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Moderate alcohol consumption has no health benefits, analysis finds - fox29.com - city Victoria
fox29.com
45%
634
Moderate alcohol consumption has no health benefits, analysis finds
may help prevent heart disease or even a lower risk of developing type 2 diabetes.The new analysis, published on March 31 in JAMA Network Open, reviewed more than 100 studies published as far back as 1980, involving nearly 5 million people in total. It found that there was a "significantly increased risk" of death among female drinkers who drank 25 or more grams of alcohol per day, which is about two 5-ounce glasses of wine, two 12-ounce beers, or two cocktails containing 1.5 ounces of distilled spirits. The same significantly increased risk was found for males who drank 45 or more grams of alcohol per day, or slightly over three standard drinks.FILE - A woman pours wine into a glass at home. (Photo by Finn Winkler/picture alliance via Getty Images) The analysis was conducted by researchers at the University of Victoria’s Canadian Institute for Substance Use Research and the University of Portsmouth’s Department of Psychology. They concluded how many of these previous studies were flawed with "systematic biases" that may have skewed the results.The study authors noted how scientists in previous studies failed to control for certain factors that are typical for light and moderate drinkers – such as being "systematically healthier" and tending to have better exercise habits and dental hygiene, lower weight, and wealthier.
DMCA