Crypto Twitter confused by SBF’s $250M bail and a return to luxury By Cointelegraph


© Reuters.

Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, which allows him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront.

The former FTX CEO arrived in New York from the Bahamas on Dec. 21 and appeared in court on Dec. 22, where he was released on bail via a “personal recognizance bond” — essentially a written promise from the defendant that they will show up for future court appearances and not engage in any illegal activity while out on bail.