Sam Bankman-Fried Will be released on $250 million bail, according to a federal judge in SBF’s first court trial on American soil.
The New York Times reportthat he will have his passport confiscated and must live with his parents in their Palo Alto, Calif. home ahead of a federal trial.
Judge Gabriel W. Gorenstein of the United States Court of Justice ordered federal officials A tracker was attached to Sam Bankman-Fried’s ankle. before he leaves court, adding that the SBF will be subject to “strict pre-trial supervision” including treatment and mental health assessment. SBF is known to suffer from depression and requires prescription medication.
SBF’s next court hearing is scheduled for January 5, 2023.
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