Prosecutors Seek Restrictions on Former FTX CEO’s Electronic Devices Following VPN Use for Football Streaming

Prosecutors successful the fiscal fraud lawsuit against erstwhile FTX CEO Sam Bankman-Fried (SBF) are attempting to transportation the justice to restrict his usage of physics devices. It has been revealed that SBF utilized a virtual backstage web (VPN) to ticker the Super Bowl done a overseas subscription work helium had purchased earlier his arrest. Prosecutors, however, are skeptical and reason that VPNs are commonly utilized to entree planetary crypto exchanges that are blocked successful the United States.

Prosecutors Raise Concerns Over VPN Use by Former FTX CEO, SBF’s Lawyers Argue VPN Use Was for Harmless Purposes

Judge Lewis Kaplan is considering whether disgraced FTX co-founder Sam Bankman-Fried (SBF) should beryllium allowed to usage physics devices and the internet. “There is simply a solution, but it’s not 1 anybody has projected yet,” Kaplan told the court. The justice is considering changing SBF’s bail conditions due to the fact that prosecutors person complained astir his usage of a VPN. Damian Williams, U.S. Attorney for the Department of Justice (DOJ), said the authorities learned that SBF utilized a VPN to entree the web connected Jan. 29 and Feb. 12, 2023.

Williams noted that VPNs person morganatic purposes, but the ailment besides asserts that VPNs are commonly utilized to entree planetary crypto exchanges. “Some individuals usage VPNs to conceal the information that they are accessing planetary cryptocurrency exchanges that usage IPs to artifact U.S. users,” the government’s ailment stressed. However, SBF’s lawyer, Mark Cohen, who represented Ghislaine Maxwell during her enactment trafficking trial, said SBF utilized the VPN to ticker football.

“Our lawsuit utilized the VPN to entree an NFL Game Pass planetary subscription that helium had antecedently purchased erstwhile helium resided successful the Bahamas, truthful that helium could ticker NFL playoff games,” SBF’s lawyers Christian Everdell and Mark Cohen explained to the judge. “On January 29, 2023, helium watched the AFC and NFC Championship games and connected February 12, helium watched the Super Bowl. This usage of a VPN does not implicate immoderate of the concerns raised by the authorities successful its letter.”

Prosecutors person already complained that SBF was attempting to pass with erstwhile Alameda Research and FTX unit members. The tribunal has prohibited SBF from utilizing end-to-end encrypted messaging services similar Signal. Everdell and Cohen person stated that SBF volition not usage a VPN during this clip until the defence squad is acceptable to follow a tenable bail information that allays immoderate concerns the authorities oregon tribunal whitethorn person regarding the usage of a VPN.

What bash you deliberation astir the usage of VPNs successful fiscal fraud cases? Should restrictions beryllium placed connected their usage during bail? Share your thoughts successful the comments.

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