FTX founder Bankman-Fried allowed $250M bond, house arrest
Assistant U.S. Attorney Nicolas Roos said in federal court that Bankman-Fried, 30, “perpetrated a fraud of epic proportions.” Roos proposed strict bail terms including the $250 million bond — which he said is believed to be the largest federal pretrial bond ever — and house arrest at his parents’ home in Palo Alto.
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