Sam Bankman-Fried was released on a $250 million bond and allowed to live in his parent’s home while he awaits trial on charges that he swindled FTX investors and looted customer deposits.
The cryptocurrency entrepreneur Sam Bankman-Fried can post US$250 million bond and live in his parents home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said Thursday.