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Sam Bankman-Fried Post $250 Million Dollar Bail, Moves Home With Parents
Posted
December 23, 2022
Views
137
Likes
6
Comments
1
Engagement
5.11%
December 23, 2022
137
6
1
5.11%
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6:30Now PlayingSam Bankman-Fried Post $250 Million Dollar Bail, Moves Home With Parents
New York Post: When Sam Bankman-Fried is out on his record-breaking $250 million bond and under house arrest, he will be taking refuge at his parents’ $4 million home on the edge of Stanford University’s campus in Palo Alto, California.
US District Judge Gabriel Gorenstein signed off on the deal Thursday, allowing the disgraced FTX founder and ex-CEO — who is staring down a slew of charges which carry a sentence of up to 115 years — to leave New York for his home state.
Bankman-Fried, 30, is accused of wire fraud, securities fraud, conspiracy, money laundering, and campaign finance violations. Federal charging documents accuse him of defrauding investors out of $1.8 billion.
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