Apr 23, 2023

Legal Team Requests Extension for Bankman-Fried Bail Conditions

Sam Bankman-Fried’s legal team has requested a third extension to implement the revised bail conditions set out by the Southern District of New York. The primary issue is that the monitoring software installed on the cellphone purchased for Bankman-Fried’s parents cannot automatically photograph the device’s user every five minutes, as required by the Order.

Mark Cohen and Christian Everdell, Bankman-Fried’s lawyers, have stated that they are “optimistic” that they have found a solution to monitor the cell phones, but need extra time to test the software’s capabilities. In the meantime, Bankman-Fried’s parents have been allowed to continue using their existing cellphones until a resolution is reached.

Ken Gamble, executive chairman of private intelligence firm IFW Global, has suggested that the conflict between the choice of phone model and the monitoring software being implemented may be the cause of the issue. He noted that certain newer phone models are unable to install the latest monitoring software due to inherent security measures, and that the latest iPhones cannot have monitoring software implemented without actually “jailbreaking” the device. Gamble suggested that a potential solution may involve exploring alternative cellphones for Bankman-Fried’s parents that are compatible with the installation of the monitoring software.

Judge Kaplan has previously raised concerns over Bankman-Fried’s access to cellphones, and warned that there was “probable cause” to believe that Bankman-Fried was involved in attempted witness tampering. As a result, Bankman-Fried’s parents consented to limit his access to their devices and signed affidavits agreeing to not bring prohibited electronic devices into their home.

The proposal stated that Bankman-Fried’s communication should be limited to a “flip phone or other non-smartphone with either no internet capabilities or internet capabilities disabled.”

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