The Latest Breaking News on Finance YouTubers who promoted FTX handed a $1billion lawsuit

ALAMEDA, Calif. — Before his mid-December arrest, cryptocurrency billionaire Sam Bankman-Fried repeatedly claimed that he was a responsible business leader who sought more regulation of cryptocurrency and wanted his industry to be part of the mainstream financial system.

Some of the industry’s biggest names fell from historic highs historically quickly.

The 30-year-old former crypto executive is being released to his parents’ home in Palo Alto, Calif.

NEW YORK — Sam Bankman-Fried was released on a $250 million bail package after making his first U.S. court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded.

New York (AFP) - FTX co-founder Sam Bankman-Fried was released on $250 million bail Thursday while he awaits trial on criminal fraud charges over the spectacular collapse of his crypto exchange.

He has been accused in a U.S. criminal complaint of engaging in a fraud scheme for FTX customers.

New York (AFP) - A US judge ordered FTX co-founder Sam Bankman-Fried be released on $250 million bail Thursday while he awaits trial on criminal fraud charges over the spectacular collapse of his crypto exchange.

The cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million bond and live in his parents' home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said on Thursday.

Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan court on Thursday with his parents after they agreed to sign a 250 million US dollar bond and keep him at their California home while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX…