FTX founder Sam Bankman-Fried, who recently claimed to have only US$100,000 left in the bank, will have to live at his parents’ home in California. Photo: Reuters
FTX founder Sam Bankman-Fried, who recently claimed to have only US$100,000 left in the bank, will have to live at his parents’ home in California. Photo: Reuters
FTX

FTX’s Sam Bankman-Fried, charged with ‘epic’ fraud, released on US$250 million bond

  • The disgraced founder of cryptocurrency exchange FTX can live in his parent’s home, while he awaits trial on criminal fraud charges
  • Prosecutors allege Bankman-Fried cheated investors and misused funds that belonged to FTX and Alameda Research customers

FTX founder Sam Bankman-Fried, who recently claimed to have only US$100,000 left in the bank, will have to live at his parents’ home in California. Photo: Reuters
FTX founder Sam Bankman-Fried, who recently claimed to have only US$100,000 left in the bank, will have to live at his parents’ home in California. Photo: Reuters
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