In a letter filed on Friday night in Manhattan federal court, Bankman-Fried's lawyer Christian Everdell said both sides believed they were "close to a resolution", and expect to formally propose new restrictions by next week.
Bail talks occurred this week after U.S. District Judge Lewis Kaplan at a March 10 hearing renewed his concerns that Bankman-Fried's electronic communications with others might exceed the bounds of his $250 million bail package.The former billionaire has pleaded not guilty to eight counts, and not yet been arraigned on four. He is living under house arrest with his parents in Palo Alto, California.
, prosecutors and defense lawyers proposed giving Bankman-Fried a flip phone with no internet capability and a basic laptop with limited functions. In Friday's letter, Everdell also sought the judge's permission to let Bankman-Fried in the meantime use a laptop to access some FTX materials.
SBF still seems to be the boss. Agreement? Why does he have to agree? He's a criminal! Put him in a hole and throw away the key.
They should except payment in gold & silver only.
Do something big. Else perish
what is that agreement?! SMF doesn't mention who pumped him up and stays out of jail with a multi million payout?!?!
I lock him up
He will serve as a part time teller at silicon valley bank
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