Saying that he “appears motivated to circumvent monitoring” and may be “hiding online activities from the government,” prosecutors are seeking to renegotiate Sam Bankman-Fried’s bail agreement and impose tighter restrictions on the FTX founder.
At a hearing on the matter scheduled for Thursday, the government was expected to argue that Bankman-Fried’s use of technology must be restricted after he used an encrypted chat program to contact a potential witness and used a VPN, or virtual private network.
A representative for Bankman-Fried declined to comment. In court filings, the FTX founder’s attorneys said that he used a VPN to watch the Super Bowl and other NFL games.