Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Court reveals the two people who helped Sam Bankman-Fried post bail.
The former FTX crypto tycoon is living with his parents in California instead of sitting in jail, thanks to a $250 million bail secured by his parent’s home as well as two people who had been kept anonymous.
Today, after news organizations argued for the information to be released, the court revealed Stanford research scientist Andreas Paepcke put up $200,000 and former Stanford Law School dean Larry Kramer put up $500,000. SBF’s parents teach law at Stanford.
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