Important crypto news regarding FTX, the exchange that collapsed in November, and Sam Bankman-Fried, former CEO and subsequently investigated for the exchange’s collapse. Apparently, the judge recently requested a review of SBF’s bail conditions.
Specifically, the deal is that SBF’s $250 million bail will be revoked unless the former CEO agrees to strict limitations on Internet use. The news is also confirmed by Watcher Guru’s official Twitter account, which reads:
JUST IN: US Judge to revoke SBF’s $250 million bail unless he agrees to severe restrictions on internet use.
— Watcher.Guru (@WatcherGuru) February 16, 2023
FTX crypto news: judge’s demands to SBF, all the details
After being released on bail, Sam Bankman-Fried, former CEO of FTX crypto exchange, was placed under house arrest. However, his bail was not so easy, as it came with a plethora of conditions.
The first were that he was restricted from talking to current and former FTX employees. The judge of the US Di
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