Bankman-Fried Lawyer Suggests $250,000 Bail, Ankle Bracelet
- FTX co-founder will fight extradition to US, attorney says
- He appeared in Bahamas court for first time on Tuesday
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An attorney for FTX Co-founder Sam Bankman-Fried proposed that his client pay $250,000 cash bail and wear an ankle bracelet to be allowed to leave his Bahamas jail cell.
The pitch was made on Tuesday during Bankman-Fried’s first court appearance since being arrested in the Bahamas. His US passport was confiscated when he was detained at his luxury penthouse Monday evening.