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The bail terms are not what they seem at first sight (at least if what you see at first sight is 1/4 of a Billion dollars and assume that must be backed by coll
by mannykannot 4y ago
The bail terms are not what they seem at first sight (at least if what you see at first sight is 1/4 of a Billion dollars and assume that must be backed by collateral beforehand), though they are not trivial, either:
https://www.coindesk.com/consensus-magazine/2022/12/23/bankman-frieds-incredible-shrinking-250-million-bond/ https://www.coindesk.com/consensus-magazine/2022/12/23/bankm...
Discussion:
https://news.ycombinator.com/item?id=34108127 https://news.ycombinator.com/item?id=34108127
- ars 4y agoI checked your links, and it confirms that basically everything Megaman69 said was indeed false.
- mannykannot 4y agoTo be more specific, the claim that SBF paid for his parent's house with ill-gotten gains appears to be false (possibly a confusion over a Bahamian property), while the claim that SBF has not had to put up anything close to $250M as a condition of the bail is apparently true (it is, instead, beside the point, as explained in the links.)