Home Finance News Judge Rules FTX Founder Sam Bankman-Fried Can Utilize ‘Air-Gapped’ Laptop During Court

Judge Rules FTX Founder Sam Bankman-Fried Can Utilize ‘Air-Gapped’ Laptop During Court

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Judge Rules FTX Founder Sam Bankman-Fried Can Utilize ‘Air-Gapped’ Laptop During Court

The defense team representing the former FTX executive, Bankman-Fried, has faced multiple unsuccessful attempts to have him released on a temporary basis since his remandment. However, they have made yet another effort, proposing stringent conditions to ensure his compliance. In response, Judge Kaplan has set a deadline for the Department of Justice to provide their input on this request. Additionally, a hearing has been scheduled for Thursday to further discuss this motion.

Bankman-Fried’s defense team has persistently pursued his temporary release, but their previous attempts have been fruitless. Nevertheless, they have presented an alternative proposal, suggesting strict measures to ensure his compliance with the court’s directives. These conditions are intended to address any concerns regarding potential flight risk or the possibility of tampering with evidence. Despite the defense’s efforts, their request is contingent upon the Department of Justice’s input, which must be provided by the 5:00 p.m. ET deadline set by Judge Kaplan. To discuss the motion in more detail, a hearing has been scheduled for Thursday morning at 10:00 a.m. ET.

The defense team for Bankman-Fried, the former FTX executive, remains persistent in their attempts to secure his temporary release following his remandment. Although their previous endeavors have proved unsuccessful, they now propose a more rigorous set of regulations to accompany his release. These conditions aim to mitigate any potential risks, such as the possibility of flight or tampering with evidence. However, the ultimate decision lies with the Department of Justice, as they are expected to provide their opinion on the defense’s proposal by the assigned 5:00 p.m. ET deadline. A hearing has been scheduled for Thursday at 10:00 a.m. ET to further examine this motion.

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