Sam Bankman-Fried is embroiled in legal drama. FTX is moving on without him.

Quick Take

  • Sam Bankman-Fried is at risk of losing most of his internet access in a bail dispute, while the crypto exchange he founded just landed a victory in bankruptcy court.
  • Prosecutors want to curtail Bankman-Fried’s internet access after he used a VPN to watch the Super Bowl. 

Beleaguered crypto exchange FTX is charging ahead in bankruptcy court, preparing for high-profile clawbacks to begin at the end of the month. 

Meanwhile, the company’s former CEO could lose most of his access to the internet before his criminal trial, in part because he apparently used a VPN to watch the Super Bowl.

The split screen between Sam Bankman-Fried’s mounting legal woes and his ex-company’s progress in bankruptcy court came into view in courtroo