Posted on 12/23/2022 12:56:19 PM PST by dynachrome
In the typical federal case, a bail bondsman would charge between 10%-15% of the bail amount in cash to issue a surety bond or “bail bond.” In the case of Bankman-Fried’s astronomical bond, 15% of $250 million would be $37.5 million. But Bankman-Fried did not pay $37.5 million for his bond. No, Bankman-Fried actually paid no cash atIn this case, Bankman-Fried was not required to post a conventional bail bond. Instead, Bankman-Fried was simply released from custody on something called a personal recognizance bond. The personal recognizance bond contains Bankman-Fried’s solemn promise (and his parents’ promise) to pay the court $250 million if he fails to show up for trial at the appointed time. Yes, you read that right. Bankman-Fried walked out of court essentially a free man by signing a piece of paper where he promised to pay the court $250 million if he decides to flee to another country with no extradition. This, of course, is totally absurd. all for his “$250 million bond.” Nothing. Zero.
(Excerpt) Read more at coindesk.com ...
That will probably be the cover story
A “botched robbery” ya know
Yeah. That’s the ticket.
I asked about this on another thread. Which bail bondsman would put up $200 million? Which bail bondmsan has $200 million. This explains a lot. Nobody put up anything.
As I also said on that same post, this has obviously all been pre-arranged.
Do you think the same thing would happen, if he bad mouthed the Hildebeast? 🤗😀🤪😁
👍👍👍
Bribes were given to the right democrats
The fix is in. He has all the right friends.
Just tack it on to Alex Jones debt
are there people we dont know about..
that are co-signers?
is some of the 250mil un-secured?
Bankman-Fried also got a loophole lawyer a friend of Biden to grease the skids.
Part of Bankman-Fried bond deal he has to see a shrink (loophole) before going to trial.
Democrat grease all over the place
indeed ... the $250,000,000 bond is a sick joke since it’s a “persona recognizance” bond AND 100% collateral won’t be required ... that means the $250,000,000 bond amount is simply kabuki theater, equally as real as the claimed “value” for FTT crypto prior to FTX/alameda implosion ...
Well, yesterday we had the story about Florida guy hammering a raccoon. And Freed is going home mighty close to Nanzi’s place where Ol Pauli got hammered. It seems like hammering is getting to be a fad so The Freed needs to stay away from carpenters and car body repairmen? Hope the home cameras are all working.
“I believe I heard that the “papers” that were signed were liens on real property of his parents and friends.”
$250,000,000 worth? the parents house is a $4 million domicile and the “equity” was pledged ... i wonder how much “equity” they have in that dwelling?
The folks would have to pony up if he is a no-show.
https://www.reuters.com/business/how-did-bankman-fried-secure-250-mln-bail-2022-12-22/
Well the cameras around poor Seth Rich didn’t capture enough detail.
Poor guy.
When you have dirt on politicians you get this treatment.
Well, he did support democrats, so why shouldn’t he get a good deal.
Apparently, there were two other well-heeled signers, too ...
https://nypost.com/2022/12/23/bill-ackman-slams-sam-bankman-frieds-250m-bond-deal/
Steal $39K in a bank robbery and bail is set at $300k.
Steal billions and a pinky-promise will suffice.
I would not get this deal.
However. I would rather see someone like him on an OR bond than the violent rapists and murders the Soros DA’s let out.
The entire world is DEMONIC!
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