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<h2 id="header-0">Sam Bankman-Fried, who is currently out on bail, is now subject to surveillance software installed on his parents&#39; cell phones.</h2><p>The software will monitor all activity on the devices, including keystrokes, unauthorized app installations, internet browsing history, iMessage, voice calls, and FaceTime. To ensure Bankman-Fried adheres to his bail terms, a technical consultant will inspect the keystroke logs and screenshots on his parents&#39; phones at least thrice weekly.</p><p>Bankman-Fried&#39;s lawyers had initially suggested a photo-taking software but later found a different surveillance software that could log keystrokes. They had requested an extension for the enforcement of the revised bail conditions, citing difficulties in finding the required software for his parents&#39; phones. The request was approved by U.S. District Judge Lewis Kaplan.</p><p>The judge had previously expressed concerns over <a href="https://www.coingabbar.com/en/crypto-currency-news/ftx-founder-sam-bankman-fried-cant-activities-anymore" rel="noopener noreferrer nofollow">Bankman-Fried&#39;s access to electronic devices </a>at his parents&#39; home and warned of &#34;probable cause&#34; for attempted witness tampering. In addition, Bankman-Fried faced a temporary prohibition from utilizing smartphones, tablets, computers, and any video game gadgets that permit chat and voice communication, after being accused of using a VPN, which he denied.</p><p>During March, Bankman-Fried&#39;s parents consented to restrict his usage of their devices and provided written affidavits confirming they would not bring any prohibited electronic devices into their household.</p><h3 id="the-collapse-of-ftx-and-sbf-s-court-trials">The Collapse of FTX and SBF’s Court Trials</h3><p>Bankman-Fried, founder of Alameda Research and FTX crypto exchange, rose to fame and fortune in the crypto industry. However, FTX&#39;s shaky financial foundation was exposed when a balance sheet was leaked, triggering a bank run and outflows that FTX couldn&#39;t cover. The <a href="https://www.coingabbar.com/en/crypto-blogs-details/dollar-billion-worth-of-solana-to-be-dumped-amid-ftx-collapse-coingabbar" rel="noopener noreferrer nofollow">$32-billion empire vanished </a>overnight, leaving Bankman-Fried&#39;s personal fortune and reputation in shambles.</p><p>He now faces 13 felony charges by the Department of Justice, with investigations ongoing. While some bizarre details have emerged in court filings, important questions remain unanswered about the collapse.</p>

Surveillance Software Installed on Phones of SBF’s Parents | Gabbar News

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