FTX Founder Sam Bankman-Fried Allowed $250 Million Bond, House Arrest

The cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million (nearly Rs. 2, 070 crore) 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, a judge said Thursday.

from Gadgets 360 https://ift.tt/uE135sL
via IFTTT