Cryptocurrency News

FTX lawyers will pay for services of expert to help judge

2023.02.22 01:36

FTX lawyers will pay for services of expert to help judge
FTX lawyers will pay for services of expert to help judge

FTX lawyers will pay for services of expert to help judge

By Tiffany Smith

Budrigannews.com – Sam Bankman-Fried’s legal team has agreed to pay for a security expert to help the federal judge in charge of his fraud case navigate modern encryption technology and possibly alter Bankman-Fried’s bail terms.

On February 21, Bankman-Fried attorneys Christian Everdell and Mark Cohen wrote to Judge Lewis Kaplan to express their agreement with his request for the assistance of a technical professional.

The letter states that “the defense has already begun researching and contacting possible experts and anticipates being able to propose one or more potential candidates to the court by the end of the week.” This statement is based on the information provided by the defense.

NEW: By the end of the week, the defense expects to propose one or more candidates to serve as an independent technical expert to advise the court on @SBF_FTX’s bail conditions. The application for this position was just filed today. Following a tightening of bail terms when it was discovered that Bankman-Fried had been utilizing a VPN (virtual private network), Judge Kaplan suggested this at a bail hearing last week.

A virtual private network (VPN) is often used to change an individual’s internet protocol (IP) address, improve communication security, or gain access to content that has been censored by authoritarian regimes.

The judge has been trying to strike a balance between allowing Bankman-Fried access to communication channels so that he can prepare his defense and the possibility of using messaging apps and privacy software in inappropriate ways.

Until the terms of Bankman-Fried’s bail are settled, Judge Kaplan prohibited Bankman-Fried from using a VPN or encrypted messaging apps.

The technical expert will assist the judge in navigating VPNs, privacy-focused messaging apps, and encrypted messages.

According to Bankman-Fried and his attorneys, he used the VPN twice, once to watch the Super Bowl on Feb. 12 and once to watch the NFL playoffs on Jan. 29.

Bankman-Fried’s access to the internet and messaging apps has been restricted by strict bail terms that have been requested by the prosecution. They also said that using a VPN “raised several potential concerns” about the possibility of gaining access to crypto platforms that have blocked US users.

FTX lawyers will pay for services of expert to help judge

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,572.87 1.55%
ethereum
Ethereum (ETH) $ 2,772.68 5.53%
xrp
XRP (XRP) $ 2.58 1.58%
tether
Tether (USDT) $ 1.00 0.07%
bnb
BNB (BNB) $ 668.64 4.05%
solana
Solana (SOL) $ 172.91 2.96%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.246576 4.21%
cardano
Cardano (ADA) $ 0.77709 3.13%
staked-ether
Lido Staked Ether (STETH) $ 2,762.01 5.52%
tron
TRON (TRX) $ 0.237055 0.16%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,410.83 1.67%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,318.15 5.59%
chainlink
Chainlink (LINK) $ 17.82 3.54%
avalanche-2
Avalanche (AVAX) $ 25.85 7.94%
sui
Sui (SUI) $ 3.41 4.97%
stellar
Stellar (XLM) $ 0.335582 4.25%
litecoin
Litecoin (LTC) $ 126.36 0.18%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 5.22%
the-open-network
Toncoin (TON) $ 3.70 4.55%
hedera-hashgraph
Hedera (HBAR) $ 0.217608 5.43%
leo-token
LEO Token (LEO) $ 9.73 0.01%
hyperliquid
Hyperliquid (HYPE) $ 25.00 1.31%
usds
USDS (USDS) $ 1.00 0.19%
polkadot
Polkadot (DOT) $ 5.07 1.14%
weth
WETH (WETH) $ 2,774.80 5.57%
mantra-dao
MANTRA (OM) $ 7.60 0.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 322.02 3.50%
bitget-token
Bitget Token (BGB) $ 4.95 5.84%
ethena-usde
Ethena USDe (USDE) $ 0.999848 0.23%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,941.26 5.35%
uniswap
Uniswap (UNI) $ 9.00 4.14%
monero
Monero (XMR) $ 234.42 2.43%
near
NEAR Protocol (NEAR) $ 3.48 7.85%
pepe
Pepe (PEPE) $ 0.00001 6.32%
whitebit
WhiteBIT Coin (WBT) $ 27.46 0.85%
aave
Aave (AAVE) $ 248.17 3.51%
ondo-finance
Ondo (ONDO) $ 1.17 5.08%
bittensor
Bittensor (TAO) $ 431.97 0.53%
aptos
Aptos (APT) $ 6.07 1.45%
internet-computer
Internet Computer (ICP) $ 7.20 4.91%
dai
Dai (DAI) $ 1.00 0.04%
official-trump
Official Trump (TRUMP) $ 16.43 4.11%
ethereum-classic
Ethereum Classic (ETC) $ 20.50 2.81%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.87 0.58%
mantle
Mantle (MNT) $ 0.897855 0.99%
okb
OKB (OKB) $ 49.44 1.75%
gatechain-token
Gate (GT) $ 23.36 3.09%
susds
sUSDS (SUSDS) $ 1.04 0.14%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,671.90 1.83%