FTX Former CEO Hit With Fresh Bail Restrictions Over VPN Use

In a recent move, Sam Bankman-Fried (SBF), the former CEO of a crypto exchange, FTX, has used a virtual private network (VPN) to watch football matches in recent weeks. As a result, a federal judge imposed new bail restrictions on him.

A ban on mobile phones, computers, tablets, and the internet imposes as a measure on Bankman-Fried. However, there are a few exceptions, such as accessing emails, studying pre-trial materials, and contacting lawyers.

The purpose of this limitation is to prevent Bankman-Fried from tampering with evidence or interfering with legal proceedings. Bankman-Fried’s love of video games, especially “League of Legends,” would undoubtedly come to an end with this new restriction.

At one point, he had tweeted that he played the game during phone calls and had become “infamous” for it. The crypto entrepreneur’s reputation for being tech-savvy and fond of the gaming industry has been fueled by his involvement in the gaming sector.

According to reports, Bankman-Fried uses video games to unwind and clear his mind. It will undoubtedly be challenging for him to do so, as he will not be able to use the internet, mobile phones, or computers due to this restriction.

Authorities on the lookout for FTX Bankman-Fried

The US authorities have been closely monitoring Bankman-Fried, who is currently under house arrest with his parents in California. The perimeter leading to the house is patrolled by agents carrying guns in tinted SUVs. Sometimes, a hovering chopper acts as the “eye in the sky” to monitor the area.

Users can use VPNs to conceal their location and gain access to restricted websites. However, they can also be used to access dark websites that limit US users, which is why the authorities are keeping a close eye on Bankman-Fried.

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Bankman-Fried’s use of VPNs to watch football matches might seem innocuous, but it goes against the terms of his bail. The fresh bail limitations will prevent him from accessing the internet, including VPNs.

Sam Bankman-Fried’s love for video games has come to an abrupt end due to new bail restrictions. These restrictions prohibit him from using the internet, thereby preventing him from playing video games. The authorities are closely monitoring him to ensure that he does not tamper with evidence or obstruct legal proceedings.

This article conveys general information and the opinions expressed should not be considered personal advice for any individual or specific security or investment product.