Lawyer Rob Bankman-Fried has reached an agreement with federal prosecutors for his use of instant messaging.
According to a court document dated Feb. 6, they have agreed that SBF "shall not apply all encrypted or short messages, including but not limited to Signal."
However, under the agreement, the former FTX CEO will be able to browse FaceTime, Zoom, iMessage, SMS, email and Facebook Messenger.
He will be allowed to use the encrypted message service WhatsApp, provided, of course, that "his phone is equipped with monitoring technology that automatically records and retains all WhatsApp communications".
The new agreement is the result of federal prosecutors' efforts in mid-late January to ban SBF from contacting current or ex-boyfriend employees of FTX or its sister online trading platform Alameda Research.
In particular, prosecutors claimed on January 15th that SBF tried to use Signal to "endanger" the testimony of Ryan Steiger, FTX's general counsel abroad, using encrypted instant messages.
On January 30th, according to media reports, SBF has already contacted FTX CEO Robert Ray to discuss how to obtain corporate funds related to Alameda Wallet.
The current situation is that a ruling on February 1st requires SBF not to communicate with current or ex-boyfriend employees of FTX or Alameda Research unless you have a counselor present to ensure that parole is maintained until the trial.
SBF has been detained in Palo Alto, Fla., since mid-to-late December, and his criminal trial is scheduled for October in a federal court in Manhattan.
In addition, bankruptcy proceedings for FTX are under way in Delaware. In a court testimony on Feb. 6, Ray, chief executive of FTX, talked about how hard it was to take over the company last November.
Thunder claimed that there was no "other thing" related to bank accounts, earnings, commercial insurance or staff on FTX, which led to a messy search for information content.
On the day when companies were gradually specifically guided through Chapter 11 bankruptcy proceedings, FTX was hacked.
"this kind of hacking basically went through the whole night [.] This is really 48 hours, and I can only describe it as pure purgatory.
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