Sam Bankman-Fried was released on a $250 million bail package.
Includes a recognize bond secured by his parents' house in California.
Sam Bankman-Fried will be released on a $250 million recognizance bond
12/22/2022
The judge said the risk SBF would flee was small and he did not presented no problems to future financial crimes. He will be living at his parents home.
It is unclear how much SBF's parents house was worth, exactly. They were previous lawyers and also teachers at Stanford.
He was initially denied bail in Bahamas but left on Wednesday and landed in the states.
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