SBF sent home after his parents put up their house to cover his astronomical bail bond By Cointelegraph

On Dec. 21, Reuters reported that Sam Bankman-Fried, the former CEO of FTX — who is now facing criminal charges that could land him in jail for the rest of his life — may be granted bail in the United States ahead of his trial.

Prosecutor Nicholas Roos reportedly proposed granting bail to Bankman-Fried, often referred to as “SBF,” on the conditions of a $250 million bond, home detention, location monitoring and the surrender of his passport.