{"id":153115,"date":"2022-12-22T11:26:21","date_gmt":"2022-12-22T19:26:21","guid":{"rendered":"https:\/\/new.thepinetree.net\/?p=153115"},"modified":"2022-12-22T11:26:21","modified_gmt":"2022-12-22T19:26:21","slug":"ftx-founder-bankman-fried-allowed-250m-bond-house-arrest","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=153115","title":{"rendered":"FTX founder Bankman-Fried Allowed $250M Bond, House Arrest"},"content":{"rendered":"<p>New York, NY(AP)&#8230;The cryptocurrency entrepreneur Sam Bankman-Fried can post a $250 million bond and live in his parents\u2019 California home while awaiting trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said Thursday.<\/p>\n<p><a href=\"https:\/\/apnews.com\/article\/ftx-sam-bankman-fried-ny-court-updates-e51c72c60cd76d242a48b19b16fd9998?utm_source=homepage&amp;utm_medium=TopNews&amp;utm_campaign=position_02\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-153116\" src=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000.webp\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000.webp 1000w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000-300x200.webp 300w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000-768x512.webp 768w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000-570x380.webp 570w, https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000-701x468.webp 701w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>Assistant U.S. Attorney Nicolas Roos said in U.S. District Court in Manhattan that Bankman-Fried, 30, \u201cperpetrated a fraud of epic proportions.\u201d Roos proposed strict bail terms, including a $250 million bond \u2014 which he said is believed to be the largest federal pretrial bond ever \u2014 and house arrest at his parents\u2019 home in Palo Alto, California.<\/p>\n<p>An important reason for allowing bail was that Bankman-Fried agreed to waive extradition, Roos said. Bankman-Fried was expected to be freed Thursday.<\/p>\n<p>Click on the above image for the full article from the AP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York, NY(AP)&#8230;The cryptocurrency entrepreneur Sam Bankman-Fried can post a $250 million bond and live in his parents\u2019 California home while awaiting trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said Thursday. Assistant U.S. Attorney Nicolas Roos said in U.S. District Court in Manhattan that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":153116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20,16,1],"tags":[],"class_list":["post-153115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-law-enforcement","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2022\/12\/1000.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/153115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=153115"}],"version-history":[{"count":1,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/153115\/revisions"}],"predecessor-version":[{"id":153117,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/153115\/revisions\/153117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/153116"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=153115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=153115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=153115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}