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Mar 18, 12:17 pm
Cointelegraph
SBF's Lawyer Preparing Revised Bail Package to Present to Judge in New York
SBF's lawyer is preparing a revised bail package to present to Judge Lewis Kaplan of the Southern District of New York, following Kaplan's displeasure with SBF's use of encrypted-messaging apps and VPN services while out on bail. SBF is facing eight counts and could face 115 years of jail time if found guilty. FTX's management is also investigating its rights to pursue potential action against the recipients of $3.2 billion in payments and loans from FTX-linked entities, of which SBF reportedly received the lion's share.
SBF's lawyer is preparing a revised bail package to present to Judge Lewis Kaplan of the Southern District of New York, following Kaplan's displeasure with SBF's use of encrypted-messaging apps and VPN services while out on bail. SBF is facing eight counts and could face 115 years of jail time if found guilty. FTX's management is also investigating its rights to pursue potential action against the recipients of $3.2 billion in payments and loans from FTX-linked entities, of which SBF reportedly received the lion's share.
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