How Sam Bankman-Fried afforded $250 million dollars for bail

And is now free...

Sam Bankman-Fried, the man behind FTX – the biggest exchange collapse in crypto history – was arrested on December 12th...   But he's already a free man.   His bail was set at $250 million.  Given that he should be broke after losing over $10 billion dollars of investor money with the collapse of FTX, how did he afford the bail?   Well, it turns out, the judge let him out with two stipulations:   1. His parents put up their Palo Alto home (worth $4 million) as collateral. If he flees, they lose it.   2. He signed a piece of paper that says he promises to pay the full $250 million if he escapes.   At this point, I don't even have words...   And get this, recently he was spotted flying first-class!   From the beginning, the media and government have treated Sam Bankman-Fried with kid gloves.  Leaving the real question to... why?  What kinds of donations did he make... what kinds of connections does he have... that allow him to still live in the lap of luxury after defrauding so many people?   We don't have all the answers yet, but I'll keep you in the loop as the picture becomes more clear...   In the meantime, we've seen those with wealth play by different rules on a number of occasions.   Well, 2023 may be your year to join the ranks (albeit, legally). That's because it could be a "Halving Accumulation" year, where crypto begins to really take off in anticipation for the halving.   To help put the odds in your favor, we're offering you access to Markets Pro for 60% off until Saturday at 11:59 P.M. Eastern. Not only are you getting a massive discount on our robust, all-in-one institutional-grade crypto market intelligence dashboard that alerts you to real-time price movements for every coin before they happen... The Markets Pro bundle contains 10 reports, 3 step-by-step guides, and our long-term buy & hold model portfolio, each written to help you make the biggest, fastest, possible gains in this incredible emerging market.   It even contains a guide that will help keep you safe from catastrophes like FTX and fraudsters like Sam Bankman-Fried... so you can make big returns and keep them. This special offer is only available for a limited time, so I recommend grabbing your discount while it's top of mind by clicking the link below:   Click Here To Lock-In Your Markets Pro Membership For $39.99/Month (A $720 Annual Savings).   According to Bitcoin's 4-year cycle, we've hit the bottom of the market.   If the trend continues, 2023 could ramp up and be a lot better than this year.   Get started with Markets Pro while it's 60% off! Russell DeCorte Director Markets Pro © 2022 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. Copyright © 2022 Cointelegraph Markets Pro, All rights reserved. You are receiving this email because you opted in at our website. Our mailing address is: Cointelegraph Markets Pro 21 W 46th St New York, NY 10036-4119 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.