{"id":1784318,"date":"2022-12-22T14:34:44","date_gmt":"2022-12-22T19:34:44","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1784318"},"modified":"2022-12-22T14:34:51","modified_gmt":"2022-12-22T19:34:51","slug":"crypto-fraudster-and-dem-megadonor-bankman-fried-posts-250-million-bond","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crypto-fraudster-and-dem-megadonor-bankman-fried-posts-250-million-bond\/","title":{"rendered":"Crypto Fraudster and Dem Megadonor Bankman-Fried Posts $250 Million Bond"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcrypto-fraudster-and-dem-megadonor-bankman-fried-posts-250-million-bond%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1784318&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/12\/2022-12-22T142402Z_5_LYNXMPEIBL0AE_RTROPTP_4_FINTECH-CRYPTO-FTX-EXTRADITION-scaled-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p>By Luc Cohen<\/p>\n<p>NEW YORK (Reuters)\u2014Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse of the FTX crypto exchange, a federal magistrate judge said on Thursday.<\/p>\n<p>Prosecutors have accused him of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research.<\/p>\n<p>Nicolas Roos, a prosecutor, told U.S. Magistrate Judge Gabriel Gorenstein that the bail package would require Bankman-Fried to surrender his passport and remain in home confinement at his parents&#8217; home in Palo Alto, California. He would also be required to undergo regular mental health treatment and evaluation.<\/p>\n<p>Roos called the package the &#8220;largest ever pretrial bond.&#8221;<\/p>\n<p>Bankman-Fried&#8217;s defense lawyer Mark Cohen said he agreed with these conditions. He noted that his parents \u2013 both Stanford Law School professors \u2013 would co-sign the bond and post the equity in their home as assurance for Bankman-Fried&#8217;s return to court.<\/p>\n<p>&#8220;My client remained where he was, he made no effort to flee,&#8221; Cohen said.<\/p>\n<p>Wearing a gray suit and leg restraints, Bankman-Fried sat flanked by his lawyers and nodded when the judge informed him that if he fails to appear in court, a warrant would be issued for his arrest.<\/p>\n<p>Gorenstein set Bankman-Fried&#8217;s next court date for Jan. 3, 2023.<\/p>\n<p>(Reporting by Luc Cohen in New York; Editing by Sam Holmes, Nick Zieminski, Noeleen Walder and Daniel Wallis)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (Reuters)\u2014Sam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse of the FTX crypto exchange, a federal magistrate judge said on Thursday.<br \/>\nThe post Crypto Fraudster and Dem Megadonor Bankman-Fried Posts $250 Million Bond appeared first on Washington Free Beacon.<\/p>\n","protected":false},"author":66,"featured_media":1784321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[6962,11056,10847,7176,4092,6542,6987,6244,8905,4089,8300,4116,5330],"class_list":["post-1784318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-the","tag-11056","tag-and","tag-bankman-fried","tag-beacon","tag-bond","tag-crypto","tag-dem","tag-fraudster","tag-free","tag-megadonor","tag-million","tag-posts"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1784318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1784318"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1784318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1784321"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1784318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1784318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1784318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}