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Breaking News: FTX founder Sam Bankman-Fried
to be released on $250million bail after
returning to US from Bahamas - despite
claiming he had just $100,000 to his name

Original Article

Posted By: Imright, 12/22/2022 4:56:52 PM

Fallen FTX founder Sam Bankman-Fried will be released on a $250million bond, according to a deal struck today in a New York City courtroom.  The disgraced financier had recently claimed to have just $100,000 to his name.  He was arrested in the Bahamas last week on a range of fraud and money laundering charges for what prosecutors described as one of the biggest financial crimes in American history.  They allege that he used his crypto-trading platform as a 'personal piggy bank', convincing investors to mark their billions with him only to funnel their assets into his own company. 

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Reply 1 - Posted by: kennedylaw 12/22/2022 5:04:31 PM (No. 1362870)
Good thing he had an extra $250 million lying around to make bail.
16 people like this.

Reply 2 - Posted by: Quigley 12/22/2022 5:13:32 PM (No. 1362872)
Perhaps he paid with newly minted BidetDoubloons approved as to form of payment by a friendly judge who was guaranteed re-election by means of the “greatest vote fraud organization” ever assembled, Huncher bidet, esquirrel.
11 people like this.

Reply 3 - Posted by: sanspeur 12/22/2022 5:17:29 PM (No. 1362873)
hey , the Epstein “visitors” gotta have more outside access ? “Poor” feller should demand no bail ? oh gosh that isn’t good/safe either ..#happydreams
7 people like this.

Reply 4 - Posted by: PCMM 12/22/2022 5:23:22 PM (No. 1362875)
Who paid this? I know of a little guy from Ukraine who recently acquired a ton of money recently. Just sayin’ …
20 people like this.

Reply 5 - Posted by: singermom9 12/22/2022 5:25:33 PM (No. 1362880)
So HE gets to spend Christmas at home and the Jan 6 political prisoners are in jail for ANOTHER Christmas. The RICH and the CRIMINALS are released and the patriotic citizens are STILL in jail. Equal Justice For ALL?
38 people like this.

Reply 6 - Posted by: EJKrausJr 12/22/2022 5:47:16 PM (No. 1362886)
What are the over and under odds that Sam and his parents both fly the coop, and are never seen again?
22 people like this.

Reply 7 - Posted by: itsonlyme 12/22/2022 5:48:11 PM (No. 1362887)
Many Knotsee Pukes wear their uniforms underneath black robes. Throw Fried into general population and let the "feast" begin.
8 people like this.

Reply 8 - Posted by: LC Chihuahua 12/22/2022 6:37:22 PM (No. 1362903)
Isn't he special. Bet he never spends a single day in a US jail.
12 people like this.

Reply 9 - Posted by: seamusm 12/22/2022 6:42:45 PM (No. 1362906)
Bail is the money which 'encourages' the accused to show up for trial. Most of us as ordinary, less wealthy, people have to borrow the money for bail which costs about 10% of the total bail bond. When borrowed that up-front 10% isn't returned. If Bankman-Fried shows up for trial the bail is returned to whomever put up the money (death or being suicided also excuses someone). Damn! That is a lot of moola.
6 people like this.

Reply 10 - Posted by: bogeegolf 12/22/2022 6:43:39 PM (No. 1362907)
It was probably written on page 4155 of the new porkulus bill.
8 people like this.

Reply 11 - Posted by: MindMadeUp 12/22/2022 6:56:32 PM (No. 1362912)
With NYC's current no-bail policy, I'm surprised they even charged him this token amount for bail. He and his parents undoubtedly have a few billion stuck away here and there. A billion is a thousand million, so $250 million is a relatively insignificant amount to forfeit for a multi-billionaire. And there are many places in the world that would shelter them in return for a few million dollars worth of greased palms.
5 people like this.

Reply 12 - Posted by: bighambone 12/22/2022 8:04:39 PM (No. 1362938)
Normally he would need $25 million as collateral for a $250 million bond. So you can bet he has some big bucks stashed away, and who knows how much of that stash is hidden in foreign bank accounts!
5 people like this.

Reply 13 - Posted by: thefield 12/22/2022 8:26:05 PM (No. 1362943)
How many bondsman have a spare 225 million to cover the rest?
4 people like this.

Reply 14 - Posted by: downnout 12/22/2022 8:27:22 PM (No. 1362944)
Mummy and Daddy put their house up as collateral for bail. What I would like to know is how two Stanford professors can afford a house worth $25 million (10% of the $250 million dollar bail bond).
7 people like this.

Reply 15 - Posted by: lakerman1 12/22/2022 10:06:21 PM (No. 1362980)
First , NYS's insane bail l limitations do not apply to a federal criminal action. Second, I really try to avoid theorizing in wild directions because of my arbitration mindset.y This case is different. There is a good possibility that this case dirties up a lot of famous people and well known politicians. The Ukraine and our military aid may even be a part of it.
4 people like this.

Reply 16 - Posted by: Lake Dweller 12/22/2022 11:01:48 PM (No. 1363006)
And patriots who wandered to THE PEOPLE’S HOUSE on January 6, 2021 are still rotting in a DC gulag. What has happened to this country? I despise those in charge.
5 people like this.

Reply 17 - Posted by: PChristopher 12/22/2022 11:33:05 PM (No. 1363015)
Calling this dirtball a 'financier' is like calling termites 'carpenters'.
2 people like this.

Reply 18 - Posted by: JimBob 12/22/2022 11:41:03 PM (No. 1363019)
#5 and 16, I am reminded of a line from a serious, biting political essay written by Mark Twain late in his life: "The great Ship of State drifted rudderless, it's helm in Pirate hands." This administration is full of evil people.
3 people like this.

Reply 19 - Posted by: daisey 12/23/2022 2:15:43 AM (No. 1363060)
It’s not $250 million bail. It’s $250 million bond. There’s a difference. The prosecutors did this to make it look like they’re tough. They’re jokes and SBF will walk.
0 people like this.

Reply 20 - Posted by: rytwng 12/23/2022 6:51:43 AM (No. 1363108)
Put him in a room alone with a few of the people he robbed. No need for a trial.
2 people like this.

Reply 21 - Posted by: Sorosisbehindit 12/23/2022 7:18:04 AM (No. 1363124)
Isn't that like letting the bank robber pay his bail with the stolen money from the bank robbery? The only reason he can pay the bond is that he bilked people out of money. Anyone with that kind of money has the ability to disappear and have surgery to change his looks.
2 people like this.

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