Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report

Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report


The Daily Hodl
2022-12-23 19:45:20

Disgraced FTX founder Sam Bankman-Fried will reportedly be under monitored house arrest after posting what prosecutors are calling the largest pretrial bond of all time. According to a new report by CNBC, Bankman-Fried will be released on a staggering $250 million bail as he awaits trial for allegedly defrauding investors and mismanaging customer funds. The The post Sam Bankman-Fried To Be Under GPS-Monitored Home Confinement After Release on Largest-Ever Pretrial Bond: Report appeared first on The Daily Hodl .