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The cryptocurrency entrepreneur Sam Bankman-Fried can post $250 million (nearly Rs. 2, 070 crore) 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 Thursday.
Assistant US Attorney Nicolas Roos said in the US District Court in Manhattan that Bankman-Fried, 30, “perpetrated a fraud of epic proportions.” Roos…
