A judge says cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million bond & live in his parent's home in California while he awaits trial.
Former founder and CEO of FTX Sam Bankman-Fried is set to appear in court in New York City on Thursday.
Bankman-Fried wore a suit and tie in court and sat between his attorneys. Two U.S. marshals sat behind him. Carolyn Ellison, 28, the former chief executive of Bankman-Fried's trading firm, Alameda Research, and Gary Wang, 29, who co-founded FTX, pleaded guilty to charges including wire fraud, securities fraud and commodities fraud.
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