SBF tries to revise bail conditions after judge noted suspicious VPN use
Enlarge (credit: Bloomberg / Contributor | Bloomberg)
A few weeks ago, disgraced FTX founder Samuel Bankman-Fried was in danger of losing his bail package and potentially being jailed until October. The court was fed up with trying to monitor Bankman-Fried's online activity, and United States district judge Lewis Kaplan decided that the only option left was for Bankman-Fried to recommend independent experts who could help the court set appropriate bail conditions to limit any suspicious online activity.
Kaplan gave Bankman-Fried until this Friday to find experts who could help the court determine precisely what tech privileges needed to be revoked to ensure that Bankman-Fried would be incapable of compromising the court's investigation into the criminal fraud case, Bloomberg reported. Yesterday, Bankman-Fried officially submitted his recommendations, naming two tech consultants he believes are qualified to advise on his bail conditions: Edward Stroz and Michael McGowan.
Bankman-Fried supplied resumes for both candidates. Stroz was an FBI agent in the 1980s and 1990s, specializing in major international financial crimes. During that time, he created New York City's Computer Crime Squad and investigated hundreds of cases alleging bank fraud. Since then, he has spent the past two decades managing an international consulting firm, Aon, where his duties include overseeing digital forensics investigations for corporate clients, trial counsel, and civil litigants.