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Sam Bankman-Fried Released on $250 Million Bail

Sam Bankman-Fried Released on $250 Million Bail

Sam Bankman-Fried was freed on a $250 million bond after making his initial appearance in a US court to face fraud charges related to the collapse of FTX. A $250 million personal recognisance bond backed by his parents’ California house is part of a bail package. In an indictment announced Dec. 13, Manhattan federal prosecutors accused Bankman-Fried, 30, of organising …

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