FTX founder Bankman-Fried posts $250M bond, will stay in Palo Alto

FTX founder Bankman-Fried posts $250M bond, will stay in Palo Alto

2 years ago
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https://www.mercurynews.com/2022/12/22/ftx-founder-bankman-fried-posts-250m-bond-will-stay-in-palo-alto/

By Larry Neumeister | Associated Press

NEW YORK — 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.

FTX founder Bankman-Fried posts $250M bond, will stay in Palo Alto

Dec 22, 2022, 9:15pm UTC
https://www.mercurynews.com/2022/12/22/ftx-founder-bankman-fried-posts-250m-bond-will-stay-in-palo-alto/ > By Larry Neumeister | Associated Press > NEW YORK — 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.