{"id":27880,"date":"2022-12-26T13:34:43","date_gmt":"2022-12-26T13:34:43","guid":{"rendered":"https:\/\/www.vosa.tv\/?p=27880"},"modified":"2022-12-26T13:36:49","modified_gmt":"2022-12-26T13:36:49","slug":"the-biggest-cryptocurrency-fraud-case-of-us-history-court-releases-ftx-founder-sam-bankman-fried-on-250-million-bail","status":"publish","type":"post","link":"https:\/\/www.vosa.tv\/eng\/archives\/27880","title":{"rendered":"The biggest cryptocurrency scam in US history: Court releases FTX founder on $250 million bail"},"content":{"rendered":"<p><strong>New York: Sam Bankman-Fried, the founder of the cryptocurrency exchange company \u00a0&#8211; FTX, involved in the major cryptocurrency fraud of United States history, was released by the court on a bail package of $250 million.<\/strong><\/p>\n<p>According to the details, FTX co-founder and former CEO Sam Bankman-Fried (SBF) was arrested in the case for cheating the customers and investors of FTX for a year.<\/p>\n<p><a href=\"https:\/\/www.vosa.tv\/wp-content\/uploads\/2022\/12\/ftx-one-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-27882\" src=\"https:\/\/www.vosa.tv\/wp-content\/uploads\/2022\/12\/ftx-one-300x201.jpg\" alt=\"\" width=\"300\" height=\"201\" srcset=\"https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-one-300x201.jpg 300w, https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-one-scaled.jpg 1024w, https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-one-768x514.jpg 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>He made his first appearance before a Manhattan magistrate judge yesterday, where he was released on bail.<\/p>\n<p>According to the bail package, the 30-year-old former FTX boss will remain under house arrest at his parents&#8217; home in California.<\/p>\n<p>Federal prosecutors said the bail on which Bankman was released was one of the largest pretrial bonds in American history.<\/p>\n<p><a href=\"https:\/\/www.vosa.tv\/wp-content\/uploads\/2022\/12\/ftx-two-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-27883\" src=\"https:\/\/www.vosa.tv\/wp-content\/uploads\/2022\/12\/ftx-two-300x207.jpg\" alt=\"\" width=\"300\" height=\"207\" srcset=\"https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-two-300x207.jpg 300w, https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-two-scaled.jpg 1024w, https:\/\/www.vosa.tv\/eng\/wp-content\/uploads\/2022\/12\/ftx-two-768x529.jpg 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Bankman was indicted by federal prosecutors in Manhattan on Dec. 13, alleging that over a year he illegally diverted billions of dollars of FTX customer funds for personal expenses, political donations and real estate purchases. , and he did this through his other crypto company, Alameda Research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York: Sam Bankman-Fried, the founder of the cryptocurrency exchange company \u00a0&#8211; FTX, involved in the major cryptocurrency fraud of United States history, was released by the court on a bail package of $250 million. According to the details, FTX co-founder and former CEO Sam Bankman-Fried (SBF) was arrested in the case for cheating the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1469,31,1378,37],"tags":[],"class_list":["post-27880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-news","category-us","category-world"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/27880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=27880"}],"version-history":[{"count":3,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/27880\/revisions"}],"predecessor-version":[{"id":27886,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/27880\/revisions\/27886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/27881"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=27880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=27880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=27880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}