FTX founder Sam Bankman-Fried's lawyers have reportedly reached a new bail agreement with US prosecutors, allowing him to stay at home while restricting the use of some electronic devices and apps. Proposed new conditions would prohibit Bankman-Fried from using a smartphone with internet access or any apps other than voice calls and text messaging, and require him to use a basic laptop with limited functions and monitoring software to track user activity. The use of any other electronic communication devices would be forbidden. The agreement is yet to be approved by US District Judge Lewis Kaplan, who is overseeing Bankman-Fried's case.
(By HELEN PARTZ)
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