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SBF Requests Extension for Negotiating Bail Terms

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It is reported that the lawyer of SBF submitted a letter on Friday, requesting the federal judge to extend the deadline for negotiating bail terms to March 3. …

SBF Requests Extension for Negotiating Bail Terms

It is reported that the lawyer of SBF submitted a letter on Friday, requesting the federal judge to extend the deadline for negotiating bail terms to March 3. SBF also requested more time to find a technical expert to provide advice to the court. The prosecutor urged Judge Lewis Kaplan to tighten the conditions of SBF’s bail and severely restrict his Internet access. Previously, he used an encrypted application to send a message to a former employee and used VPN to watch the Super Bowl. Kaplan asked SBF to hire a technical expert to discuss his use of VPN. SBF has agreed to pay the cost of hiring experts, and his lawyer said that he is still looking for suitable candidates. The judge also asked the prosecutor and SBF’s lawyer to submit a new bail order to the court. According to the previous news, SBF was charged with four new criminal charges this week, including bank fraud.

SBF asked the court to extend the negotiation period of bail terms to March 3

Interpretation of the news:


Last Friday, SBF’s lawyer submitted a letter requesting an extension for negotiating bail terms to March 3. In addition to this, SBF requested more time to find a technical expert to give advice to the court. However, the prosecutor urged the federal judge, Lewis Kaplan, to impose stricter conditions regarding SBF’s bail, emphasizing that he had previously used encryption and a VPN to access the internet. The judge requested SBF to hire a technical expert to discuss his use of VPN, and even though he agreed to pay the cost of hiring experts, his lawyer stated that they are still searching for an appropriate candidate. Judge Kaplan also asked both the prosecution and SBF’s lawyers to submit a new bail order to the court.

This message implies that SBF has been charged with four new criminal charges, including bank fraud. The request for an extension could be seen as an attempt to buy time to negotiate better bail terms; it gives SBF more time to find a qualified technical expert to provide insight into his use of VPN. The prosecutor’s request for tighter conditions of bail suggests a lack of trust in SBF. The judge’s decision to order SBF to hire a technical expert and submit a new bail order indicates that the case is serious.

The use of encryption and a VPN to access the internet raises eyebrows since the sender of such messages usually wants to keep them confidential. VPNs are often used when one needs anonymity or wants to bypass restrictions. Thus, the judge’s request for a technical expert could help shed light on SBF’s internet use and clarify whether there is anything that puts the public at risk.

In summary, SBF’s request for an extension and the prosecutor’s push for tighter bail conditions reflects a great deal of uncertainty in this case. SBF’s alleged involvement in four criminal charges and his past actions are not helping his legal case. The appointment of a technical expert, along with the submission of a new bail order, may provide some clarity and help determine the course of action in this legal battle.

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