Sam Bankman-Fried out of jail on $250M bail… sort of
Just a day after his extradition from the Bahamas to New York City, FTX CEO Sam Bankman-Fried was freed on a US$250 million bond, although he'll have to remain under virtual house arrest.
Just a day after his extradition from the Bahamas to New York City, FTX CEO Sam Bankman-Fried was freed on a US$250 million bond, although he'll have to remain under virtual house arrest.
The Ethereum programmer has been released on bail on appeal, amid charges of conspiring with North Korea to develop its understanding of cryptocurrency.
A federal judge in the United States has ordered a Serbian-Italian national to pay the equivalent of $750,000 in cryptocurrency for his bail.