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SBF’s VPN Usage Raises Suspicions in U.S. Prosecution Case

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According to reports, US prosecutors said that they found that Sam Bankman-Fried (SBF), the former chief executive of FTX, had used virtual private network (VP…

SBF’s VPN Usage Raises Suspicions in U.S. Prosecution Case

According to reports, US prosecutors said that they found that Sam Bankman-Fried (SBF), the former chief executive of FTX, had used virtual private network (VPN) to access the Internet for the last two times. It is reported that Lewis Kaplan, the U.S. District Judge, refused to approve an agreement negotiated between the prosecutor and Bankman-Fried on February 9, which required him to stop using other applications such as Signal, and only contact a specific group of former and current FTX employees, while retaining his right to use WhatsApp, iMessage with monitoring technology and call Zoom and FaceTime.

US prosecutors found that SBF has used VPN to access the Internet twice recently

Analysis based on this information:


US prosecutors suspect that Sam Bankman-Fried, the former CEO of FTX, has been using a virtual private network (VPN) to access the internet during his recent online activities. The revelation comes in light of the legal dispute between the US prosecutors and Bankman-Fried, with the latter failing to secure approval of an agreement meant to limit his communication with FTX employees. Bankman-Fried was not informed of the concerns surrounding his VPN usage.

The legal dispute between Bankman-Fried and the US prosecutors stems from allegations that Bankman-Fried’s company, FTX, offered derivatives products to customers that violated the Commodity Exchange Act. The US government has also accused FTX of facilitating money laundering by allowing users to execute automated trades that helped to withdraw funds from a South Korean cryptocurrency exchange.

Bankman-Fried has been negotiating with US prosecutors to avoid criminal charges, but the two sides have yet to reach an agreement. It was reported that a deal was close, with prosecutors seeking a five-year probation period for Bankman-Fried, during which he would be restricted from certain online activities.

However, Lewis Kaplan, a US District Judge, refused to approve the agreement between Bankman-Fried and the prosecutors on February 9th. The judge disagreed with some of the terms of the agreement, including the restriction on Bankman-Fried’s communication with FTX employees.

In conclusion, the revelation of Sam Bankman-Fried’s use of a VPN to access the internet has raised suspicions in the ongoing legal dispute between the former CEO of FTX and US prosecutors. The case highlights the important role of VPNs in protecting online privacy and security but also highlights the legal complexities that arise from their use. This also underlines the increasingly stringent approach of the US government towards cryptocurrency exchange regulations.

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