Disgraced ‘crypto king’ Sam Bankman-Fried released on $250m bail – the largest in pre-trial history

Disgraced cryptocurrency tycoon Sam Bankman-Fried has been released on a $250m (£208m) bond package as he awaits fraud charges – the largest ever pretrial bond in history.

Federal prosecutors in Manhattan have accused him of stealing billions of dollars of customer’s money to plug losses at his hedge fund, Alameda Research.

In the space of a month, Bankman-Fried’s Read more…

Please follow and like us: