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Sam Bankman-Fried, Now in U.S., Will Be Released on $250 Million Bond…

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by Madeileine Hubbard at Just the News

Sam Bankman-Fried, founder of the defunct cypto exchange FTX, will be released on $250 million bond as he awaits trial for charges related to fraud, a federal judge said Thursday.

Bankman-Fried will be required to surrender his passport. He will be released to home detention and have his location monitored, Reuters reported…

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