- Sam Bankman-Fried was released on bail shortly after agreeing to extradition to the US.
- The bail terms include home detention with an ankle monitor, intensive pretrial supervision, surrendering of passport, and financial restrictions.
- A total bond of $250 million was set, with his parents co-signing and two non-parent sureties to follow.
- His parents must also post their home equity by January 12th.
- The bail is a surprisingly good deal for a person accused of a multi-billion dollar fraud, and is consistent with federal bail laws.
Click HERE for original. Published December 23, 2022
