FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16
Sam Bankman-Fried.
  • Sam Bankman-Fried's lawyers have proposed a system to monitor activity on his parents' cell phones to ensure he isn't using them.
  • They told the court this week the software they downloaded doesn't have a function they agreed to use.
  • The proposed monitoring is part of the bail agreement that allow SBF to remain out of jail on house arrest.

New modifications to the bail conditions for disgraced FTX cofounder Sam Bankman-Fried proposed Friday would subject every phone call, text message, and downloaded app on his parents' personal devices to possible review by the courts.