October 3, 2023

FTX founder Sam Bankman-Fried released on $250 million bond – CBS News

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FTX co-founder Sam Bankman-Fried made his first court appearance in New York Thursday on allegations he defrauded investors and customers out of billions of dollars. He was released on $250 million bond, which prosecutors called the largest pretrial bond ever, and was ordered to live with his parents in California and wear an electronic monitoring bracelet. Lilia Luciano reports.

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