Fallen FTX shall be launched on a $250million bond, in response to a deal struck in the present day in a New York Metropolis courtroom.
The disgraced financier had lately claimed to have simply $100,000 to his identify.
He has been charged with a spread of fraud and cash laundering costs after allegedly stealing $1.8billion from his crypto-trading platform, FTX, to fund his personal life.
Bankman-Fried was arrested within the Bahamas final week and was extradited to New York the place he appeared earlier than a choose in the present day.
The precise phrases of the bail settlement – together with whether or not he has to pay the whole sum or only a portion of it – stay unclear.
Sam Bankman-Fried is proven being extradited to the US yesterday
