Posted in

FTX founder Sam Bankman-Fried to be released on $250 million bail

FTX founder Sam Bankman-Fried will released on $250 million bail in a deal designed by federal prosecutors and Bankman-Fried’s defense attorneys, a New York federal judge ruled.

Judge Gabriel Gorenstein said that Bankman-Fried would require “strict” supervision following his release to his parents home in California.

Gotta wonder how much cash is hidden offshore.

Share