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Sam Bankman-Fried released on $250 million bond

FTX founder Sam Bankman-Fried was released Thursday on $250 million bond after appearing in a New York court.

Why it matters: The controversial crypto wunderkind was extradited to the U.S. Wednesday following his arrest in the Bahamas last week. He has been accused in a U.S. criminal complaint of defrauding FTX customers.


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