A federal judge has reportedly rules against oral arguments proposing former FTX CEO Sam Bankman-Fried be allowed to use certain messaging apps.
According to a Feb. 9 Reuters report, Judge Lewis Kaplan of the United States District Court for the Southern District of New York upheld his ruling that Bankman-Fried be restricted from using encrypted messaging apps as a condition of his release on a $250-million bond. The judge ordered SBF not to communicate using apps such as Signal on Feb. 1, but the former CEO’s legal team and prosecutors had negotiated a deal allowing for exceptions, including Facebook (NASDAQ:META) Messenger, Zoom and FaceTime.