SBF to propose revised bail package soon after earlier red flags and warnings.
TL;DR Summary
Sam Bankman-Fried's lawyer will present a revised bail package to Judge Lewis Kaplan of the Southern District of New York after Kaplan expressed displeasure about SBF's use of encrypted-messaging apps and virtual private network services while on bail. SBF maintains his innocence in claims relating to the misappropriation of FTX users' funds. However, the entrepreneur could face 115 years of jail time if found guilty under the eight counts against him.
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- Sam Bankman-Fried, U.S. prosecutors near new bail agreement Reuters
- FTC Founder SBF Close to Proposing Revised Bail Package After Angering Judge Bloomberg
- Earlier Red Flags and Warnings About Sam Bankman-Fried CoinDesk
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