Sam Bankman-Fried’s Revised Bail Deal With US Rejected by Judge

Sam Bankman-Fried’s resolution of a dispute with prosecutors over his use of encrypted messaging apps and other communications with former FTX employees was rejected by a federal judge.

Bankman-Fried’s lawyers said in a letter to US District Judge Lewis Kaplan on Monday that they had come to an agreement with the government that their client wouldn’t use encrypted messaging apps like Signal, as part of his bail accord. The agreement allowed him to send regular texts, make Zoom and FaceTime calls and use use WhatsApp with monitoring technology.