Bitzlato founder Anatoly Legkodymov made his first appearance on Tuesday in New York, where the Russian national accused of processing more than $700 million in illicit funds was denied bail. Un...
Tag: Bail
Treasury Secretary Janet Yellen says U.S. government won’t bail out Silicon Valley Bank
Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen | Bloomb...
Morgan Creek Capital Pleads Government to Bail SVB; Says Analyst
Mr. Whale tweeted that Morgan Creek Capital was a large depositor at SBV. The tweeter added that Anthony Pompliano has been urging the government to bail the bank out. Reports suggest that many banks ...
Silicon Valley Bank collapse could spark the next financial crash – but we cannot bail out failed bankers again
Silicon Valley Bank headquarters in Santa Clara, California – Philip Pacheco Depositors can’t get their money out. Payrolls might not be met next weekend. And small companies, especially i...
Judge Expresses Concerns Over Proposed Bail Conditions for Former FTX Founder
Sam Bankman-Fried is a well-known figure in the cryptocurrency industry, having founded FTX in 2019. However, he found himself in legal trouble in 2022, when he was arrested and charged with market ma...
Sam Bankman-Fried’s bail conditions still too lenient, says judge
On Mar 10, Reuters reported that the U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX cryptocurrency exchange founder Sam Bankman-Fried. Judge ...
Judge Says Flip Phone And Restricted Laptop May Still Be Too Lenient For Bail Measures
Topline A federal District Court judge in New York said Friday he was not satisfied with a proposal from prosecutors to restrict former billionaire Sam Bankman-Fried’s internet use while the disgraced...
US Judge To Decide if SBF Should Suffer Any Bail Restriction
A US court will determine the bail conditions of the FTX founder today. Previously, the court worried that SBF was communicating via untrackable means. FTX’s balance sheet shows $5.5B in liquid assets...
DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones
The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried (SBF), a court filing on March 3 shows. According to the proposal submitted to Lewis Kapla...
Sam Bankman-Fried To Get A ‘Non-Internet’ Phone While Out On Bail, DOJ Says
Sam Bankman-Fried will be allowed to use a non-internet-connected flip phone under new bail conditions that include restrictions on internet usage, according to prosecutors cited by Bloomberg. The for...
FTX Founder Can Use Flip Phone and Limited Internet While on Bail
FTX founder can have flip-phone and limited internet while he is on bail, as per the recent report states. In a letter seen by Bloomberg, prosecutors involved in his criminal case said that FTX founde...
US proposes new bail conditions for former FTX CEO
The former CEO of cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), is facing new bail conditions proposed by the United States Department of Justice. The proposal was submitted to District Judge ...
US DOJ Proposes Bail Restrictions For Sam Bankman-Fried
FTX News: Former FTX founder Sam Bankman-Fried to get a new phone and a laptop with special features from the U.S. authorities. The mobile will be a flip phone or a “non-smartphone” and a laptop with ...
Lawyers for SBF time to discuss additional bail conditions
In the federal court, the attorneys who are defending former FTX CEO Sam Bankman-Fried have asked for additional time to prepare and present a proposal concerning the conditions of their client’...
Sam Bankman-Fried’s lawyers request extension for bail condition proposal
Lawyers representing former FTX CEO Sam Bankman-Fried in federal court have requested an extension to file a proposal related to his bail conditions. In a Feb. 24 filing with the United States Distric...
Bankman-Fried asks court for more time to negotiate bail
Legal • February 24, 2023, 3:35PM EST Sam Bankman-Fried wants more time to negotiate his bail terms. The former FTX executive’s lawyers filed a letter on Friday requesting that a federal judge g...
SBF Legal Defense to Appoint Tech Expert as Court Mulls Amending Bail Conditions
Lawyers representing Sam Bankman-Fried, the disgraced founder of the FTX cryptocurrency exchange, consented to appoint an independent technical expert to consult the court on his bail conditions. “The...
SBF to hire tech expert to consult on trial after breaching bail conditions – private citizens urge arrest
Sam Bankman-Fried’s lawyers said Feb. 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 looki...
Federal Judge Hints Former FTX CEO Bail Reversal Amid Discussions On Bail Terms
Join Our Telegram channel to stay up to date on breaking news coverage What – Following recent reports, the court will revoke Sam Bankman-Fried’s bail over several misconducts. Why – SBF has been unde...
Bankman-Fried searching for tech expert to advise on bail dispute, lawyers say
Legal • February 21, 2023, 4:13PM EST Sam Bankman-Fried’s lawyers are searching for a tech expert to advise the court on his bail dispute, they told a federal judge in a letter on Tuesday. “The...
Lawyers explain why bail differs for crypto washouts SBF and Eisenberg
In the US, state and federal bail restrictions can differ wildly and, unless there’s some reason to believe that a charged individual will hurt themselves or others or flee before their trial, federal...
FTX’s Bankman-Fried could ‘conceivably’ have bail revoked, says judge
Sam Bankman-Fried could “conceivably” have his bail revoked after a federal judge said there was “probable cause” to believe the former FTX CEO may have engaged in attempted witness tampering. During...
ftx: crypto news regarding SBF’s bail conditions
Important crypto news regarding FTX, the exchange that collapsed in November, and Sam Bankman-Fried, former CEO and subsequently investigated for the exchange’s collapse. Apparently, the judge recentl...
Judge Alludes to Possibility of SBF Bail Reversal
Since Sam Bankman-Fried has been allowed to stay at his parent’s home until his trial this October, multiple missteps have occurred. Between a long-winded rant on substack outlining his view of the co...
“Names of SBF’s Bail Guarantors Have Been Released,” Tweets Fong
Crypto influencer Tiffany Fong reveals names of SBF bain guarantors. Signers were revealed to be Larry Kramer and Andreas Paepcke of Stanford Law School. Sam denied either the guarantor received paym...
Sam Bankman-Fried to face stricter bail conditions amid many violations
As rumors of Sam Bankman-Fried’s murky activities keep spreading, his bail term might be significantly adjusted. For instance, he may be forced out of his favorite MMORPG, “League of Legends.” Strict ...
Judge allows release of identities of guarantors behind Sam Bankman-Fried’s bail
A federal judge has allowed the identities of guarantors who signed on as sureties for former FTX CEO Sam Bankman-Fried’s $250 million bond to be made public following a request from several news outl...
Here’s Who Co-Signed Sam Bankman-Fried’s $250 Million Bail Bond
The guarantors behind Sam Bankman-Fried (SBF)’s $250 million bail package have been revealed after news organizations gained court approval to unseal their names in early January. Both individuals ar...
Federal Judge Tightens SBF’s Bail: Imposes Restrictions on VPN Use
The US Federal Judge ordered SBF to stop using virtual private networks. The order was in response to the attorneys’ concern over his hidden online activities. In a letter, the attorneys reported that...
US Prosecutors Worry SBF May Use VPN To Access Dark Web While On Bail
US prosecutors have confirmed that Sam Bankman-Fried (SBF), founder of collapsed crypto exchange platform FTX, has been accessing the internet with a VPN. This is prompting further tightening of his b...
Bankman-Fried banned from using VPN, bail arguments set for Thursday
A judge banned Sam Bankman-Fried from using a VPN after the former FTX boss said he used a private network to watch the Super Bowl while under house arrest. “The defendant’s use of a VPN present...
Bankman-Fried used VPN to watch Super Bowl, will stop using private network until bail is settled
Former FTX CEO Sam Bankman-Fried used a VPN to watch the Super Bowl, but he has agreed to stay away from the tech until his bail terms are settled, Bankman-Fried’s lawyer wrote in a court filing on Tu...