That was an interesting watch, thanks for sharing @freitasm. 

He has not paid a $250 million bond or any portion of it, Its a "personal recognizance" bond that is secured over his parents house,-

gzt:

 

 

He has not paid a $250 million bond or any portion of it, Its a "personal recognizance" bond that is secured over his parents house.

 

 

A house worth US$250m?

 

It's an NFT house.  🧐

The NY Times - Sam Bankman-Fried Pleads Not Guilty to Fraud and Other Charges

breaking

Nearly two weeks after he was released by a Manhattan judge on a $250 million bond and ordered to stay with his parents in Palo Alto, Calif., Sam Bankman-Fried returned to New York and pleaded not guilty on Tuesday to charges that he engaged in widespread fraud and other crimes. ...

 

The judge, Lewis A. Kaplan of Federal District Court, set a tentative trial date of October 2.

 

Justice delayed is justice denied - a lot can happen in 9 months.  😕

Sideface:

 

Justice delayed is justice denied - a lot can happen in 9 months.  😕

 

Unless $XX Billion magically appear in FTX's accounts overnight I can really only see this going one way....
Its not a great start when your co-founder and your former girlfriend both plead guilty and presumably tell the feds "where the bodies are buried"  !!

"Gary Wang, who co-founded FTX, and Caroline Ellison, the former CEO of Alameda Research, both pleaded guilty to fraud charges and are cooperating with prosecutors.

Prosecutors allege the hedge fund was using money from FTX customers to pay debts, place speculative bets, and invest in other companies."

https://www.npr.org/2023/01/03/1146653595/ftx-ceo-sam-bankman-fried-pleads-not-guilty-to-fraud-charges-collapse#:~:text=Gary%20Wang%2C%20who%20co%2Dfounded,and%20invest%20in%20other%20companies.

Another one on the edge ?

Winkelvoss'es Gemini has 900M it loaned to Genesis frozen, 
and accuses Genesis owner DTG of $1.7B of Co-Mingling.

Winkelvoss'es Gemini offer depositors 8% interest in a near zero interest market.
(FTX were offering 8% deposits too)
It must be obvious to all that this is loaned out to higher interest even more risky ventures.
In Coinland high risk is ...

Gemini’s Winklevoss accuses crypto mogul Silbert of ‘bad faith stalling tactics’ over frozen funds
https://www.cnbc.com/2023/01/03/genesis-cameron-winklevoss-and-dcgs-barry-silbert-spar-over-frozen-funds.html

""
The spat arises from a pact Gemini has with Genesis Global Capital, the lending arm of crypto investment firm Genesis Global Trading, a subsidiary of Digital Currency Group. Gemini offered users yields as high as 8% via its lending product Gemini Earn. To generate those returns, Gemini lent users’ funds to Genesis Global Capital, which in turn loaned them out to institutional borrowers.
""

Never cross a Winkelvoss