The cryptocurrency entrepreneur walked out of a Manhattan courthouse Thursday with his parents after they agreed to sign a $250 million bond and keep him under house arrest.
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.
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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried released on $250 million bond after appearing in a US court | CNN BusinessSam Bankman-Fried, the disgraced founder of crypto exchange FTX, appeared in a US courtroom in New York Thursday to face eight counts of fraud and conspiracy. A judge released him on a $250 million bond in his first appearance on American soil since his arrest last week in the Bahamas.
Read more »
Sam Bankman-Fried's $250-million bail bond approved by judgeThe FTX founder's bail package includes a $250 million personal recognizance bond secured by his parents’ house in California, where he will be required to stay.
Read more »
Sam Bankman-Fried to be released on $250 million bondFormer FTX founder Sam Bankman-Fried will be released on a $250 million bond after making a court appearance for the first time since leaving the Bahamas for the U.S. Bankman-Fried will wear an ankle monitor and live at his parent’s house in California with strict pre-trial supervision.
Read more »
Sam Bankman-Fried to be released on $250 million bail into parents' custodyThe founder of cryptocurrency exchange FTX appeared in court after being extradited from the Bahamas. He's charged with alleged fraud, conspiracy, money laundering and illegal campaign contributions.
Read more »
FTX founder Bankman-Fried to be released on $250 million bondBREAKING: FTX founder Sam Bankman-Fried will be released on $250 million bail to his parents' home, a judge ruled.
Read more »