According to Bloomberg, SBF will propose a revised bail package aimed at satisfying the judge's dissatisfaction with its use of technology while under house arrest. Freed on $250 million bond, SBF was confined to his parents' house with monitoring devices on his ankles and angered U.S. District Judge Lewis Kaplan for using encrypted messaging apps and virtual private networks (VPNs). Kaplan said if the SBF is unhappy with the restrictions, he will revoke the bail package and send him to jail ahead of his trial in October. SBF attorney Christian R. Everdell wrote in a letter to federal prosecutors that the SBF and federal prosecutors "have been working to agree on a specific set of bail conditions that address the concerns expressed by the government and the courts." We believe we are close to a resolution and expect to be able to submit a proposed order outlining these conditions to the Court by next week."