Ken WhiteDec 24, 2022

Over at Serious Trouble, a blog post: How did Sam Bankman-Fried get bail? A lawsplainer on the federal bail system, what terms he got, and how he got them.

https://www.serioustrouble.show/p/how-did-sam-bankman-fried-get-bail

How Did Sam Bankman-Fried Get Bail?

Federal bail does not necessarily work the way you think it should.

Serious Trouble
Show threadNicholas WeaverDec 24, 2022

@Popehat
The one thing that DOES strike me as unusual/stunning is no restriction on computer use.

The big fear on these cryptocurrency cases is in many ways the "Shawshank Redemption" move, where the bad guy squirrels away money someplace, which is way way easier with cryptocurrencies.

Most such cases I've seen have had a "No computers allowed" restriction on bail. But strangely enough, not for Sam...

Show threadearchibald
@ncweaver @Popehat do they think he is stupid enough to further incriminate himself and have him tapped six ways to Sunday? I can’t think of anything else that makes any sense at all.
Dec 24, 2022 at 1:24amWeb
Show threadNicholas WeaverDec 24, 2022

@lilith @Popehat

You don't want to fill out the paperwork for a Title III wiretap. Trust me, you really don't.

Show threadKevin RiggleDec 24, 2022
@ncweaver @lilith @Popehat I mean you don’t need paperwork, he keeps tweeting shit out
Show threadAnsel HalliburtonDec 24, 2022
@ncweaver @lilith @Popehat Disagree for this one. That would be a rockin' affidavit. You'd feel like a superhero signing that.
Show threadPure SpiritDec 24, 2022
@lilith @ncweaver @Popehat speaking as a software engineer, even if he’s tapped, there’s trivial ways around it with a general purpose computer. Would be easy for him to move anonymously crypto around as long as the computer as an internet connection. All he has to do is VPN and his traffic is unidentifiable. Could even do that with a phone.
He, of anyone, should not have access to any computer whatsoever. That’s crazy.