FTX's Bankman-Fried, charged with 'epic' fraud, released on $250 mln bond - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Former FTX chief executive Sam Bankman-Fried.

After Thursday’s court appearance, the one-time billionaire was surrounded by photographers as he exited the lower Manhattan courthouse and entered a black SUV. Bankman-Fried, 30, was arrested last week in the Bahamas, where he lived and where FTX is based, cementing his fall from grace. He departed the Caribbean nation in FBI custody on Wednesday night.

He spoke only when asked by Gorenstein whether he understood the conditions of his release, and that he could be charged with an additional crime if he fails to show up to court.But concerns about commingling of funds between FTX and Alameda led to a flurry of customer withdrawals in early November, ultimately forcing the exchange to declare bankruptcy on November 11.

I thought Democrats he funded will come through for him, they'll have to Epstein him & get him out of the country to a safe place of refuge...

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