BREAKING: FTX founder Sam Bankman-Fried will be released on $250 million bail to his parents' home, a judge ruled.
Sam Bankman-Fried, founder and former CEO of crypto currency exchange FTX, is walked in handcuffs to a plane during his extradition to the United States at Lynden Pindling international airport in Nassau, Bahamas December 21, 2022. Caroline Ellison, 28, the former chief executive of Bankman-Fried's trading firm, Alameda Research, and Gary Wang, 29, who co-founded FTX, pleaded guilty to charges including wire fraud, securities fraud and commodities fraud.
U.S. Attorney Damian Williams said in a video statement that both were cooperating with investigators and had agreed to assist in any prosecution. He warned others who enabled the alleged fraud to come forward. "If you participated in misconduct at FTX or Alameda, now is the time to get ahead of it," he said."We are moving quickly, and our patience is not eternal."Prosecutors and regulators contend that Bankman-Fried was at the center of several illegal schemes to use customer and investor money for personal gain. He faces the possibility of decades in prison if convicted on all counts.
In a series of interviews before his arrest, Bankman-Fried said he made mistakes running FTX and Alameda but that he never intended to defraud anyone.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Sam Bankman-Fried released on $250 million bail ahead of FTX trialSam-Bankman Fried to be released on $250 million bail and will be required to stay with parents ahead of FTX trial
Leer más »
FTX co-founder Sam Bankman-Fried will be released on $250 million bail, judge rulesThe 30-year-old appeared in court Thursday following his extradition from the Bahamas to face charges related to the collapse of crypto currency exchange FTX.
Leer más »
FTX founder Sam Bankman-Fried allowed $250 million bond, house arrestA judge says cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million bond and live in his parents’ home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform.
Leer más »
FTX founder Sam Bankman-Fried to be released on $250 million bondFTX founder Sam Bankman-Fried, charged in crypto exchange collapse, to be released on $250 million bond in first federal court appearance.
Leer más »
FTX founder Sam Bankman-Fried released on $250 million bondA federal magistrate on Thursday ordered disgraced FTX founder Sam Bankman-Fried released on a $250 million personal recognizance bond signed by his parents.
Leer más »