December 22 MANHATTAN, New York – FTX founder Sam Bankman-Fried SEEN
Walking out of NY Court – allowed to be released on $250 million bail, must live with his parents in California.
Bankman-Fried was extradited from the Bahamas and arrived to Westchester County Airport in New York on Wednesday evening.
SBF was released on recognizance bond, which is a written commitment from the accused to appear in court when ordered back, Bankman-Fried’s camp would not be required to meet the full collateral requirements of the bail.
The release bond was secured by equity of Sam’s family home, as well as signature by parents and two other individuals with “considerable” assets, according to NBC.