Yahoo Finance legal correspondent Alexis Keenan discusses news that disgraced FTX founder Sam Bankman-Fried has been released on $250 million bail and the constraints placed upon him as he awaits criminal proceedings.
#yahoofinance #sbf #ftx #crypto
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All Crypto has always been a scam, the government is far too slow to act on this and other cases, including the scam of NFT.
Libearl judge liberal parents liberal donor
Grow up
Just another creep like madoff, Belfort. Milken, Weinsteine, etc..they need the ultimate punishment to send a message
The damage they have done to innocent people is atrocious!
What a lie, a 250 Million dollar bail was NOT posted. His parents put up the equity in their house, which is NOW WHERE NEAR $250 Million, or even $25 million. Once again, we are being lied to by the liberal media!
Gary Ginsler
its not 250 million, its his parents house and a promise to appear. If he fails to appear, there is no 250 million or even 25 m forfeited. Its a shame to fool the public.
The court has to approve the property bond, but the bond itself is backed by a bonding company that accepted collateral property and signatures. He isn’t much of a risk and he isn’t facing any charges of violence. If he fails to show, the bonding company gets the property and only has to pay if he isn’t caught.
Parents house that Sbf bought with stolen money then used for bail 😆
@Jim Jungle you think a bail bondsmens put up 250 million for him? nonsense
@lakeguy65616 A bonding company. That’s where bonds come from. Even if he defaults, they get the property and if he is caught, which would be very likely, they don’t have to pay. They would call in on those that signed for the bond anyway. The court doesn’t give bonds, it accepts them.
Dont be surprised if he shoots himself in the head twice.
White privilege for a white-collar crime. “I’m connected”. -SBF
Why is 250 million dollars being reported as the bail amount when his parents pledged only the equity in their home. Even that was pledged with a pinky promise with 0 down.
We all know the answer
Because that is the bail amount
@Clark Hathaway but he didn’t pay 250 million, and he didn’t pay a bail bondsman 25 million either. His parents just pledged the equity of their home which is worth 4 million. so how is his bail 250 million?
@Mohammed Khaliq they explain it better than I can in this video
@Clark HathawayI watch the video again, they explain why the judge released him and I get their point but what they didn’t explain was why they keep saying 250 million dollar bail. I understand the judge can’t impose excessive bail so that may be the reason why the judge agreed to accept his parents home. But the home isn’t worth 250 million so why do they keep saying the bail is that much?
So there will not be any trial?
he’s out on bail… under house arrest actually so he will be monitored
One word epstein
He doesnt even have 250m wtf are these shenanigans? Anything he could use as a guarantee shouldcve been forfeited for reparations. He owes fucking 8B for gods sake. Jewish privilege for sure. Not even your average white privilege wouldve permitted this bs.
How can you even raise that amount – they are more than lottery wins. 🤣🤦🏽🤷🏼♂️
Merry Christmas world the biggest thief is free! I actually mean Gary Gensler SEC chairman! This is his fall guy
As good democrat, I feel sorry for guy and his family. Growing up Jewish in the US is not easy. What ever happened to those investors money is really not his fault, not after being subject to systemic antisemitism is entitre life. Maybe uncle jo can pardon him, even though it is not his fault
Hahaha
Vegan meal of the day taken off Prison menu
Copium overload
yeah really hard for Larry David etc to grow up in the USA…
How does this man have a penny left to his name…
real estate
He’s also not allowed to stay up after 9pm or have dessert after dinner. Seriously, what are the repercussions for doing so much damage to people? It’s shameful the preferential treatment a conman of this magnitude is receiving. Guy should be sleeping in a cell until he dies for the shenanigans he’s pulled. The punishments should not stop at him either. His top executives, his parents and their parents should all be in jail. They stole investor money for their own benefit. Plain and simple.
Was that Stacy Keech escorting him?
It was Sgt. Stedenko.
I heard Kevin O’Leary pinky promised SBF wouldnt run away
He will be epsteined
He better have good security
I bet Mr. Not-So Wonderful helped with the bond.
Jewish judge?
Corruption
-What a bond scam….
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He’s responsible for more than 10 billion dollars 💸 gone bye bye 👋. Allegedly
And they gave him house arrest 😂😂😂😂
Oh he’s going to skate…. 😅
His parents have other homes 😂
What a joke
thats Genius. Fraud everybody of billions buy your parents house then get bailed by your parents dirty stolen money
So what about his safety, cause other cripto people have ended up Dead??? For the same reason
Must be nice to be a rich white man in America. Parents home is only worth $ 4 million, and bail is $250 million….This guy would still be locked up if he was a black man….Wow☹️
SBF was allowed to put up his ill-gotten gains as collateral. Sweet deal if you can get it.
He actually didn’t put a dime up besides his parents house . Which isn’t even a slight dent in his bond
@The infamous Pj SBF bought his parent’s house with his ill-gotten gains. That was my point.
@D Brown the house in Cali was bought before he had ftx so ok 😂 property records are public record . That house has nothing to do with ftx fraud
@The infamous Pj You are correct. I thought the house in the Bahamas in his parent’s names was part of the bond. I stand corrected.
Traded fake money and now using fake money for bail.
He got released because of his buddies in Washington
This is not true what you saying you have no right to bail on the feds. I was held for over 3 years with no bail for a non-violent website that expose the pedophile but this guy walks out on a 250 million come on give me a break
Let him rot!
What about Enron???? To call this the biggest fraud case in history is a little bit of a stretch. I mean what he did was horrible but there are a lot of cases in history!!!!!!!
More of a “pinkie swear” than a real bail bond..
Some said which is true, that 4 million dollar house was obtained by Ill gotten gains through FTX. How can be used to secure bond when it theoretically should have been seized?????????
He’s is never gonna show up to court when his parents have homes across the nation with stolen customer funds. Are these prosecutors corrupt or just down right stupid my God. I know for a fact if Trump was in office this clown would already be in jail.
His parents are going to go to prison now also.))court employee allowed for stolen funds to be used for bail money may face criminal charges as well.
Step one steal money. Step two give some to lawmakers. Step three go free.
What is this great INJUSTICE? US Kangaroo 🦘 Court!
I guarantee if FTX was the Republicans biggest donator the guy would not be out on bail and this would be number one story all day everyday.
George Bush and his governed are still walking free so makes no different if it’s left or right. Hopefully Putin and China will make you all pay
EXACTLY
You sound bitter and miserable…😬
Did you REALLY think the owners of the banks, our institutions, courts, corp policy enforcers, medical system, etc… would let their pet Sammy languish in jail ? Just wait till the $1.7 Trillion laundered aid money comes rolling back on shore. Obiden will ask Schumer to hold his beer again… Well Boobus Americanus you rolled over again just like they knew you would. Merry eff’in Christmas ignorance.
He’ll end up dead in the same prison as Epstein.
He is a danger to Americans he has killed their retirement accounts poof poof that money is gone what’s the mystery. 💀 👾 👽 💀 👾 👽 💀 👾 👽
Where is the baggy t-shirt and shorts?
Zelinsky was. In town same exact day. What a coincidence
His Bahamas mansion is worth $129 million. So no problem with collateral.
But that wasn’t put up it was parent house with 5 million
That was stolen money from innocent investors
ftx was run by the cast of scooby doo sam where did the money go haven’t a scooby doo
This is funny
You gotta be kidding me
#1 Just because you’re rich doesn’t mean you don’t get bail.
#2 He voluntarily returned to the United States to face his charges.
#3 He showed up on time.
#4 He is not an immediate threat to society at large.
#5 He has no prior record.
#6 He is innocent until proven guilty.
Personally, I feel he should have been released on his own recognizance without monitoring just as other defendants with much more heinous charges get if they meet the above criteria.
He was brought here on time, the fbi escorted him. His crimes were violent in nature but they are much more heinous in many ways. The thousands of people that lost money suffer every day because of his greed and arrogance.
Okay SBF. Maybe you should work on your case instead of posting comments on YT.
Didn’t this crook end up with a negative net worth after the FTX collapse? Where did he get 250 millions to post bail in the first place.?
$250 million from the money that he take damm
Title should be how he got released without paying even 10% of his bond . They put a 4 mill house as collateral for a 250 mill bond . That seems like his political contributions paid off .
kanye was right.
Sam-Bankmen walking out of the police precinct without handcuffs behind his back , but yet the girl ,who stole Robert De Niro , $0.99 cent christmas gif was handcuff . This show how the 1% is preferential treated , and the 99% percent is handle , it never changes .
Kevin oleaery was part of his bail. Sbf got big money in cold storage. Promise you.
How did the achor go from Asian Affirmative Action hire to Black Affirmative Action Hire? That was amazingly affirmative and very action -ey.
What are you talking about
You sound miserable…😬
$250M bail should be counted as proceeds of crime. That money belongs to victims.
So long Sam,….safe travels wherever you decide to escape to
Across Social media? That guy was moved to the US, just to be freed. Incredible… this is going to be made into a nothing Burger….
from t-shirt & shorts to dress suite: the epitome of a con man
Did the Dems saved you my boy?
This guy is a master criminal!!! Already out on low bail within24 HOURS AFTER ARRIVING IN NY!!! SOFT LANDING!!!
Not one dollar put up for BAIL!!! WHAT A JOKE.!!!!
I hope SBF paid you enough money for the way you keep twisting the situation.
250 million dollar? Seriously? You deserve to fry if you invest in crypto.
Sbf is privileged white man who can steal billions and go home to his mamas basemen.
Imagine the people , who are not so nice characters in foreign countries. , that this guy ripped off.
250 million dollars bail actually light as he stole 8 billions from investors and have his parents got 350 million dollars (part of the stollen money ) from SBF to invest in real estate. Now the parents only used
250 million dollars for bail. They still
profit 100 million dollars. Hope the court can recover all the stollen money that SBF distributed to parents and relatives in the last 3 years in billions of dollars.
Honestly sbf really sucks . It’s a good thing I hired this legitimate recovery firm *Calcecode* and they did a wonderful job for reclaiming my stolen assets from ftx I, suggest y’all to visit the name above. Chances of success is very high for investors.
In the words of Oliver North
“I thought it was a pretty neat idea”
“30 is the new 17.” Help Mr Wizard.
How he got out on bail is he was working for the government in the first place this was to destroy cryptocurrency because it was competing with US dollar this man will never spend a day in prison guarantee it they will either claim he was killed or he will just run away and never be seen again
The judge is beyond greedy! Has the judge not read the constitution? They are not to set excessive bail!!! It goes to innocent until proven guilty! Sam Bankman Fried will have his day in court, but the judge should be locked up too! Maybe they should share a cell.
He is moving money as we speak, good job judge !
Yeah moving money into the judges bank account
I’d like to see him get off Scott fee wit a. Lil terrry cheese
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The POOR criminals get out of jail because they can’t post bail and the RICH criminals get out of jail because they can post bail.
Sounds like democrats’ justice to me.
His parents or are you ready to lose their home in general they don’t believe in accountability you don’t think they’re gonna let him run
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