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Sam Bankman-Fried Released on $250 Million Bail Ahead of FTX Trial
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Two of SBF's top associates, Caroline Ellison and Gary Wang, pleaded guilty and are cooperating with prosecutors.
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@junaidbeckles
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Wondering why bail was so little...
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I think that is an all time record high bail amount, the bigger question is where did the bail money come from? Generally a bail bond requires 10% cash ($25m), but I'm not sure if that is true when you are charged with federal crime.
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