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Sam Bankman-Fried Lawyer Says Agreement Has Been Reached on Use of Messaging Apps

The former CEO of FTX was previously barred form using any messaging apps.

Updated Feb 7, 2023, 7:42 p.m. Published Feb 6, 2023, 9:52 p.m.
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An attorney for Sam Bankman-Fried said an agreement had been reached by Bankman-Fried’s legal team and prosecutors to modify the former FTX CEO’s bail conditions on using electronic communications, according to a letter signed by Bankman-Fried attorney Mark Cohen.

The two sides are asking the court to modify Bankman-Fried's bail conditions to allow him to use various messaging apps, including FaceTime, Zoom, iMessage, SMS texts, emails, Facebook Messenger and WhatsApp. (For WhatsApp, Bankman-Fried's cell phone must have monitoring software installed to record those messages.)

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The FTX founder will still not be able to use "ephemeral call or messaging applications" such as Signal.

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Hong Kong regulator approves first crypto company license since June

Hong Kong (Manson Yim/Unsplash, modified by CoinDesk)

Hong Kong's Securities and Futures Commission (SFC) granted Victory Fintech a license.

Что нужно знать:

  • Hong Kong's Securities and Futures Commission (SFC) granted a crypto license to Victory Fintech (VDX).
  • There are now 12 approved platforms on the SFC's registry of approved crypto firms.
  • The regime has a reputation for being one of the strictest among major financial jurisdictions.