Sam Bankman-Fried to pay $250 mn bond; to remain under house arrest
A $250 billion bond is believed to be the highest federal pretrial bond, which will be paid by Bankman-Fried’s parents as bail charges.
A $250 billion bond is believed to be the highest federal pretrial bond, which will be paid by Bankman-Fried’s parents as bail charges.
The development comes as the crypto exchange is undergoing investigation for financial discrepancies with millions of customers’ funds missing from the crypto exchange.