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12/23/22 7:26 AM

#207149 RE: LexTrader #207148

Yeah, I think that’s right. But are…..

we being lied to about the bail amount?

A recognizance bond is a written commitment from the accused to appear in court when ordered. In return, Bankman-Fried’s camp would not be required to meet the full collateral requirements on the bail.

The bond was secured by equity in his family home, and by the signatures of his parents and two other individuals with “considerable” assets.


https://www.cnbc.com/2022/12/22/ftx-founder-sam-bankman-fried-to-be-released-on-250-million-bail.html