The Morning After: The Justice Department wants to keep Sam Bankman-Fried on a flip phone

FTX founder and former CEO Sam Bankman-Fried could also be caught utilizing a function telephone. In a letter seen by Bloomberg, prosecutors stated Bankman-Fried’s legal professionals had agreed to switch the phrases of his bail settlement. Supplied the decide overseeing the case agrees to the modifications, SBF will probably be restricted to utilizing a “non-smartphone” with out web connectivity. Until a lawyer is current, he can even be forbidden from contacting present or former FTX and Alameda Analysis staff. The proposed restrictions got here after Bankman-Fried allegedly tried to contact the overall counsel of FTX’s US subsidiary over Sign in the beginning of the yr. District Decide Lewis Kaplan threatened to revoke Bankman-Fried’s bail and ship him to jail earlier than the beginning of his trial after studying the disgraced entrepreneur might have influenced potential witnesses.

Beneath the modified bail settlement, SBF can be allowed to make use of a laptop computer to surf the online, however his entry can be filtered by a VPN that may restrict him to 2 classes of internet sites. One class would come with sources his protection workforce says are essential to his case. The opposite has 23 web sites SBF might use to order meals, learn the information and watch streaming content material.

– Mat Smith

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It is the second huge worth reduce on these fashions this yr.

Tesla has reduce the costs of its high-end Mannequin S and Mannequin X electrical automobiles by $5,000 and $10,000, respectively, in accordance with modifications on its web site seen by TechCrunch. It is the second time this yr the corporate has chopped costs, so the Mannequin X has dropped $21,000 from $120,990 firstly of the yr to only $99,990 at present. The Mannequin S, in the meantime, has fallen from $104,990 to $89,990 since January 1st – a steep $15,000 discount. Nevertheless, neither automotive qualifies for Federal Tax rebates set to run out later this month, as these solely apply to SUVs priced under $80,000.

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Should you don’t already personal ‘Mario Kart 8 Deluxe,’ it’s 35 p.c off.

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A brand new breed of gaming handheld.

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