Sam Bankman-Fried has been allowed to await trial at his parents’ home after posting a record-high bond Sam Bankman-Fried, the man accused of defrauding cryptocurrency investors out of nearly $2 billion, will be awaiting trial at his parents’ house in California, rather than in a New York jail cell, after a Manhattan judge agreed to release the FTX founder on a $250 million bond. The shaggy-haired Bankman-Fried, who ranked as the second-largest donor to Democratic Party political campaigns in 2022, walked out of the US District Courthouse in Manhattan on Thursday afternoon, flanked by US marshals, lawyers and his
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