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Sam Bankman-Fried's parents used their house to bail him out. But they rent the land from Stanford

Por: Los Angeles Times Business January 30, 2023

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Shortly before Christmas, FTX founder Samuel Bankman-Fried, indicted on federal charges of fraud and money laundering, was released on a $250-million bail bond that was secured by his parents' Palo Alto-area home. The size of the bail bond — 25 times bigger than Bernie Madoff's — garnered considerable attention. The prosecution termed it the largest ever pretrial bond. What hasn't drawn notice is the fact that Joseph Bankman... + full article



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