In his first appearance on US soil since his arrest in the Bahamas, Bankman-Fried was granted a $250 million bail package, secured by his parents' Palo Alto home, which is worth nowhere near that amount. Furthermore, Sam Bankman-Fried pleads not guilty.
Sam Bankman-Fried, the creator of FTX, has entered a not guilty plea to the accusations against him and will go on trial in October.
After hearing from US prosecutors that they intend to present the whole of their evidence in the case ...