Sam Bankman-Fried was released on a $250 million bond and released into his parents' custody.

Sam Bankman-Fried Makes Bail, Released Into Parents' Custody 

sam bank man freed is back on U. S. Soil and he will be released and put on house arrest at his parents home in California while he awaits trial for criminal charges related to the F. T. X. Collapse. Now the former crypto exchange ceo will be released on $250 million bail. This is part of a deal between prosecutors and his attorneys. The judge stressed that S. B. F. As we call him will need to quote, will need quote strict supervision and required him to where an electronic monitoring bracelet. Bank man free was extradited from the Bahamas last night in order to face charges related to the crypto exchanges dramatic collapse. Now as SPF faces his own charges, two of his associates pled guilty to criminal charges related to the F. T. X. Collapse. These charges include fraud and conspiracy officials are urging anyone else who may have been involved in misconduct at FT. X. To come forward. Take a listen, let me reiterate a call that I made last week. If you participated in misconduct at F. T. X. Or Alameda now is the time to get ahead of it. We are moving quickly and our patience is not eternal. Now officials say that F. T. X. Co founders, Gary wang and sbs girlfriend and co Ceo of Alameda research Caroline Ellison are cooperating with law enforcement after pleading guilty