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With $100K To His Name, FTX Founder Sam Bankman-Fried Will Be Released On $250M Bail

A New York federal judge approved a bond agreement prepared by federal prosecutors and Sam Bankman-Fried's attorneys Thursday that will see the FTX founder released on a $250-million bond. Bankman-Fried will need "strict" supervision after being released to his parents' California home, according to Judge Gabriel Gorenstein.

$FTT