BREAKING: FTX co-founder Sam Bankman-Fried will be released on $250 million bail, federal judge rules.
will be released on $250 million bail, a federal judge in New York ruled Thursday.
He appeared in court one day following his extradition from the Bahamas, where he was arrested on Dec. 12 following his indictment on a slew of charges related to the collapse of his crypto currency exchange FTX. The $250 million bail is part of a deal designed by federal prosecutors and Bankman-Fried’s defense attorneys,
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