Sam Bankman-Fried released on $250 million bond after appearing in a US court | CNN Business

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Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, is released on $250 million bond in his first US court appearance

The judge agreed to a bail package proposed by federal prosecutors and lawyers for Bankman-Fried that also requires the former so-called crypto king to have an electronic monitoring bracelet and be under house arrest at his parents’ home in Palo Alto, California. He has already surrendered his passport. The judge said Bankman-Fried would be arraigned on the charges that he stole billions of dollars from customers of his crypto-trading platform at a future date.

On Wednesday, two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to unsealed court records. Additionally, the pair face civil fraud charges from the Securities and Exchange Commission that were announced Wednesday night.

 

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SHAME on US Judicial system for not having dealt with SamBankman (name suits him 🤣) … regulators… Democrat politicians… and corruption $250 million staged for his release…😡

Why does he get a plea deal?

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Hunters best friend

CNN gives Whoopi a Pass

SBA announced $2M, Who needs a List of grants to get their business off the ground ‼️😌guarantee approval in three working days

Didn't one just walk away in San Diego not long ago

Meanwhile, Julian Assange is still in jail for being a real journalist since 2019. “Laws are spider webs through which the big flies pass and the little ones get caught.” ~ Honore de Balzac

Paid with luna coins?

Liberals took stolen money from a thief and will never repay a cent if they don’t they are just a guilty 👎👎

Cnn stop lying to the American public. Bankman-fried didn’t post $250 bail. His parts put up their $4 million dollar home and that’s it!! Omg cnn you are such faknews it’s ridiculous!! Report the news. Don’t make the news. You only fact check things when it meets your agenda

😡😡😡😡😡

What currency did he post the bond with?

Except he didn’t put up the $250 million 🤦‍♂️

Disgraced..from CNN? Who put up the 250mil?

All 18 need to lose their seats in the next election. Blunt, Boozman, Capito, Collins, Cornyn, Cotton, Graham, Inhofe, McConnell, Moran, Murkowski, Portman, Romney, Rounds, Shelby, Thune, Wicker, Young

II was a little late, sorry

Shouldn’t all his funds (and his parents’ funds) have be frozen by now?

🤤

His victims will be happy and happier if he has a small room with lots of time to think about all of them for a long time.

This is how justice system works ! Money money money money money money money ………..

He should of come to South Africa. Nothing would be done to him. They would open and enquiry that lasts 5 years by then everything will be forgotten.

amys_here rhonda_harbison Loveon999 tammy_sager Will reside at his parents, in CA, with an ankle monitor.

Congress is giving themselves a nice 16.5% raise in the omnibus spending bill, how nice of them to reward theirselves for their failure to listen to the American people’s wants and needs!

He was let go without ANY PAYMENT.

Bond is a signature what a scam.

where the hell did he get 250mil from? see my homepage plz

We will never see Sam again Sam I am.

Run Sam run

Can you hear those footsteps?

Unsecured bond

So the ex girlfriend is not gonna do time ?

find his lawyer. i want to file a class action lawsuit against crypto programers

Word on the street is he’s going to the same jail as Epstein…🙄

Did he pay in cash? Lol

elonmusk ? SpaceX ¿

Why should this guy get bail? He and his parents are a threat to society.

Oh my, oh my! Stop the presses! The Crappy Non-News Network doesn’t have Trump as the lead story! 😳 Still don’t see the border crises, disaster as a lead story though. Maybe Musk will buy CNN and clean house? Start with the sour Lemon!

Uhhhh.. wtf

I'm sure he has rich friends who can bail him but they won't, for obvious reasons.

I certainly hope he finds the 6-fingered man that killed his father...,

How the hell does he have 10% of that? He said he was down to his last 250k...

🎅This feels a lot like Christmas 🌎Tesla initiated 5.000 BTC and 100.000 ETH Airdrop! 💰First come,first served:

🎅This feels a lot like Christmas 🌎Tesla initiated 5.000 BTC and 100.000 ETH Airdrop! 💰First come,first served:

Did he pay it with crypto?

Did he pay it with crypto?

Where’d he get $250 million?

I hope they catch him trying to flee the US, because he sure will try.

So mom and dad are Millionaires who own a Multi-million dollar home in Palo Alto ...Silicon Valley? Ohh!, I see! Just confirming... ThursdayThoughts thursdayvibes ThursdayMotivation FTX FTXhearing So when they do the frickin (Frank Abagnale Jr) movie?

COMMUNIST NEWS NETWORK IS THE WORST PLATFORM FOR NEWS

next sec of treasury under GOP prez

Where’d he get the money?

So when are you covering the ‘Twitter Files’? The utter and abrupt silence for about a month now from all of you biased tools of the Left, only proves further you’re complicit in the whole corruption and violation of our Constitutional rights. You are so done…

The Baluch Genocide by IR Regime continues; ElyasRaisi is another Baloch citizen who was arrested because he was accused of murder and today he was transferred to the solitary cell of Zahedan Central Prison and he will be executed tomorrow morning. MahsaAmini

He paid bond with stolen money?

He claims to have nothing and yet he can post this bail?

He should be set free. He only stole money from the top 1% and from those who thought they were going to join the top 1%

Where’d he get 250M for a bond? Or, who put that amount of cash up FOR him to get bond?

Gets released from prison from the money he fraudulently received from the citizens 😂

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Money talks and BULL SHIT walks!! He's allegedly bankrupt, but comes up with $250 million dollars that was posted for his bond. Go figure!! The rich get richer and the poor get poorer!! I'm DISGUSTED!!!

He looks so soft. Like his clothes are the only thing giving him a shape at all.

Absolute fucking ridiculous. His ass is out free as a Bird.

What’s with the shirt, though?

Where did he get the $250 million

Did he „pay“ in Dogecoin or some other fraudulent currency?

I thought he lost all his money? Where did he get the money to put up the bond?

Yes judge, bail $250m, do you accept bitcoins?

Steals money and now uses it to pay for lawyers and bail. What a system that is...

Republicans and Democrats can agree- the 250 million should be given to the victims today. How does he afford this?

Get money illegally, arrested, paid bail, released, enjoy what’s left. Hmm.

Judge: 'MY STATE IS RICH BIYAAAATCH' 🤣🤣🤣

WHAT THE ACTUAL FUCK?

Bank man…get it?

URGENT! The situation of Izeh city in Khuzestan province of Iran is critical. IRGC forces have surrounded the city and they've attacked people's houses, stolen people's property and kidnapped innocent citizens. Every night the sound of shooting is heard in the city. MahsaAmini

Released on bond? They previously said he’s a flight risk

So maybe he’s not so broke …

How did his parents get the 25 million to post his bail.

the USA democrats and nasty republicans will go get a white person fly them home to post bail mean while we still have private prisons full of people of color for petty crimes

250 mil when he claimed not long ago to be penniless

👀

amys_here rhonda_harbison Loveon999 tammy_sager Will reside at his parents, in CA, with an ankle monitor.

All depends on who your associated with. Not that I’m a Trump fan, but if it were him they’d be all over him like white on rice!

Whoever came up with that cash is in on the scam

Who secured that, Tom Brady?

Proof that America is currupt right here.

What’s Maxine saying about it? Better be careful CNN, Maxine defended him

Used investors money for his bond?

Dont believe all that you see🥹😎😎

Why do they always let these guys use embezzled $$ for bail. They did the same for Madoff.

he gonna get epsteined.

Epsteined soon

How can you release that man on bail? No amount is enough to let someone out who is responsible for that much monetary damage to many people! Law is dumb in that case! Is judge a responsible judge? They do not deserve a capital letter in the word judge.

Using the stolen money that he gave someone to hold onto. 🤡🤣☠️🤡

I can tell most of yall never been in no courtroom 250 million 10 percent. Now 25 million the people who don't want him talking bailed him out enough time for him to come up missing

how racist while immigrants freeze at the border and sit in ICE CUSTODY people in jail for Weed/THC what a double standard scam biden pelosi are they any different from the nasty republicans?!?!

Behold the dual justice system of the United States . One for the rich, and one for the poor . Who took themselves over this ? How many do you think? And yet he walks .

It must be nice to have lots of money.

Aww. He's going to mommy & daddy's in CA. How's Maxine Waters doing? Is Hillary Clinton around? 🤣

Wow no tshirt and shorts

Where did the 250 million come from?

Not a flight risk at all. (Sarcastic)

Who posted the bond

Dude last said he had less than 100k in cash, where did he get $250m from? c’mon fuckers it’s not that hard… he’s using stolen funds for his bail.

What could possibly go wrong

Where is he getting the bail money 💰?

now this is disturbing his account should be frozen in Fraud cases why was his funs released

So Justice is blind huh?

Where did he get that kind of money?

Well, he will hop on Trump’s plane and fly out of the US to avoid prosecution.

The writing was on the wall. Why else did he easily agree to be extradited? The deal was made a few days ago between him, Maxine, the DOJ. Come to the US, you’ll be out on bond, no jail, sit thru & tolerate our pony show investigation in Congress, and get a slap on wrist by DOJ

Released? Isn’t he a major flight risk?

how does this thief have 250 million to post bond? that is people's money he stole

he's clear as fucking day a flight risk, why the fuck would he be allowed to bond out?

So, he used $250M of the stolen money to pay for his bonded freedom?

Where’s this money coming from?!

Where did he get the money? CNN and others reported he had only 100 K left.

He'll wake up at a CIA blacksite tomorrow

Lol

lol He's off and running.

Grounded for 2 WEEKS with no phone or internet privileges. justice

Epsteined.

He won't see jail again.....well played Sam.

Steal how many billions and get sent to your bedroom. Sounds fair…

He is out on bail. He will be tried in court for fraud, etc. and if found guilty he will be put behind the bar regardless of the bail bond money.

Of course he can afford a $250 million bond .

Joke. Back to the millionaire lifestyle I guess...

It was about time.

Hangin w his parents who own 20 million of property also stolen from customers. Third world shit right here.

This Fucker is a Flight Risk! Revoke his bond immediately!!

Does he have 25 million

Why the FUCK isn’t he considered a Flight Risk?! CNN

Who put up that bond?

Ultimately he would be convicted. Merry Christmas

Doubt we will see him again anytime soon. Where did he get the money for bail?

mayor_aol

He gone.

Net worth now £100k?

Shocked to see CNN actually covering this & not dedicating 3/4 of their news to “What Elon eats for breakfast is wrong”

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