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Sam Bankman-Fried Released on $250M Bail Secured by Parents

In his first court appearance since being extradited from the Bahamas, the former CEO was told he can live with his parents on $250 million bail secured by their Palo Alto house.

Updated Dec 23, 2022, 5:05 p.m. Published Dec 22, 2022, 6:47 p.m.
Sam Bankman-Fried exits federal court in New York City (David Dee Delgado/Getty Images)
Sam Bankman-Fried exits federal court in New York City (David Dee Delgado/Getty Images)