BlocksInform
The lawyers for Sam Bankman-Fried said February. 21 that the defense has acquiesced to the court’s request to hire an independent technical expert to consult on bail conditions and is currently looking for a suitable candidate, according to a court filing.
The move comes after the FTX founder breached his bail conditions by using encrypted messaging apps and a VPN during January and February. Prosecutors filed a written complaint on the issue, while the defence claimed that the use of the VPN was benign.
The court questioned the defense why SBF should be released into a “garden of electronics” and requested that the defense should hire an independent technical expert to consult on the case.
Defence counsel agreed that sbf would not have access to encrypted apps or services in the meantime.
Meanwhile, multiple private citizens have been writing to Judge Lewis A. Kaplan and urging that SBF should be arrested and not allowed to await his trial in his parents’ house.
The citizens have urged the kaplan to revise and revoke its decision to grant sbf surety.
A detective from New Haven, Thomas Morrissey, wrote that the court’s treatment of SBF is wildly different from other arrestees facing similar charges in his experience. He maintained that SBF's plan was "sneaky" and created innumerable victims. Morrissey added that on the basis of the quantity of evidence and the stolen SBF billions "do not deserve the mercy of the court."
Another citizen wrote that she does not understand why SBF is out on bail and how the court can ascertain that he is not deleting his communication via encrypted services. She argued that people are preoccupied with the actions of sbf and the court should revoke her prison. She wrote:
“Please jail him. Money does talk.”
The SEC's advice to Paxos to stop hitting BUSD may have long-standing implications in the crypto marketplace. The new cryptoslate report explores the recent and potential impacts of paxo enforcement actions.
