Narrow Escape: Sam Bankman-Fried released on $250m bail

Narrow Escape: Sam Bankman-Fried released on $250m bail

City A.M.

Published

Disgraced FTX co-founder Sam Bankman-Fried avoided prison on Thursday after posting a $250m recognised bond before awaiting trial for charges of fraud and money laundering.  The US attorney’s office for the Southern District of New York has charged Bankman-Fried with eight criminal counts, including fraud and money-laundering offences. The previously heralded crypto hero reportedly used [...]

Full Article