A judge says cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million bond & live in his parent's home in California while he awaits trial.
Former founder and CEO of FTX Sam Bankman-Fried is set to appear in court in New York City on Thursday.
Bankman-Fried wore a suit and tie in court and sat between his attorneys. Two U.S. marshals sat behind him. Carolyn Ellison, 28, the former chief executive of Bankman-Fried's trading firm, Alameda Research, and Gary Wang, 29, who co-founded FTX, pleaded guilty to charges including wire fraud, securities fraud and commodities fraud.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX co-founder Sam Bankman-Fried will be released on $250 million bail, judge rulesThe 30-year-old appeared in court Thursday following his extradition from the Bahamas to face charges related to the collapse of crypto currency exchange FTX.
Read more »
Sam Bankman-Fried to Be Released on $250 Million BondBreaking: Sam Bankman-Fried will be released on $250 million bond and restricted to confinement in his parents' Palo Alto, Calif., home, a judge said in the FTX founder’s first appearance in federal court after he was extradited from the Bahamas
Read more »
FTX founder Sam Bankman-Fried allowed $250 million bond, house arrestA judge says cryptocurrency entrepreneur Sam Bankman-Fried can post $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.
Read more »
FTX founder Sam Bankman-Fried to be released on $250 million bondFTX founder Sam Bankman-Fried, charged in crypto exchange collapse, to be released on $250 million bond in first federal court appearance.
Read more »
Sam Bankman-Fried reportedly to be released on $250 million bondHe has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.
Read more »