NEW YORK (AP) — Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan courthouse Thursday with his parents after they agreed to sign a $250 million bond and keep him at their California home while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform.
https://twitter.com/i/status/1606014449722068993
Assistant U.S. Attorney Nicolas Roos said in U.S. District Court that Bankman-Fried, 30, “perpetrated a fraud of epic proportions.” Roos proposed strict bail terms, including a $250 million bond — which he said is believed to be the largest federal pretrial bond ever — and house arrest at his parents’ home in Palo Alto, California.
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An important reason for allowing bail was that Bankman-Fried agreed to waive extradition, Roos said.
Reunited with his parents and lawyers inside the courthouse, an apparently silent Bankman-Fried shook the hands of a supporter before heading out the door, where photographers and video crews rushed him until he left in a car.
From where did they get that money? Even at a rate of 10% that is still $25 million coming from where?
Ugly disgusting waste of a human. Sam is the epitome of evil.
where’s the 40 MILLION he gave to the Democrats???????
Not surprising. Makes it easier to disappear. Or be disappeared.
Oy if I had a shoe I would take it off and wave at him violently.
sam, who’ fried man’ of his ‘bank’ by stealing his money, was ‘fried.’
We are up to our lips in clown world at this point
now arrest the BIGGER fraud brock pierce