December 23, 2022
Reports of a quarter billion dollar ‘bond’ for Bankman-Fried are almost as fraudulent as the crimes of which he is accused
By Thomas Lifson
The public is being bamboozled about the conditions for pretrial release of accused mega-fraudster Sam Bankman-Fried.
It is the worst possible signal to those who fear that his scores of millions of dollars of political donations have bought him kid-glove treatment by the judicial system.
The stories you read and hear from the media would have you believe that a “record” bail of $250 million has been paid to ensure that he doesn’t flee the country or otherwise evade prosecution. Where that figure comes from, I don’t know, but this account from The Hill suggests that the federal prosecutors from the Southern District of New York had a hand in it:
At the request of prosecutors, Manhattan U.S. District Court Judge Gabriel Gorenstein agreed to the bond price and said Bankman-Fried can reside at his parent’s home in Palo Alto, Calif., ahead of the trial, according to The Associated Press.
more
https://www.americanthinker.com/blog/2022/12/reports_of_a_quarter_billion_dollar_bond_for_bankmanfried_are_almost_as_fraudulent_as_the_crimes_of_which_he_is_accused.html
