FTX’s SBF Bags $250 Million Bail, Could Face up to 100 Years in Jail as Close Associates Plead Guilty

Following his extradition from Bahamas prisons, disgraced FTX boss Sam Bankman-Fried made his first appearance yesterday at the New York Southern District, where he was served a $250 million bail option and made to pledge a commitment to house arrest, travel ban and intense scrutiny at his parent’s house.