Learn how Bankman-Fried's use of Signal's auto-delete feature during communications sheds light on strategies employed to evade regulatory scrutiny.
USA v. Samuel Bankman-Fried Court Filing, retrieved on March 15, 2024 is part of . You can jump to any part in this filing . This part is 10 of 33. HackerNoon’s Legal PDF Series here A. Use of Signal to Auto-Delete Messages At trial, the evidence established that the defendant instructed employees to use Signal, an end-to-end encrypted messaging application, with an auto-delete feature enabled so as to prevent regulators from reviewing communications.
Similarly, Ellison testified that the defendant “directed to use the disappearing messaging setting on Signal, meaning that all messages sent in these conversations would disappear after seven days.” . Bankman-Fried said that FTX and Alameda employees “should be very careful about what put in writing” because “putting things in writing was one of the primary ways that financial firms got in legal trouble.” .
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