FTX founder Sam Bankman-Fried was 'chilling' in the American Airlines lounge at...
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FTX founder Sam Bankman-Fried was 'chilling' in the American Airlines lounge at JFK before flying business class to his parents' home to await trial
FTX cofounder Sam Bankman-Fried was seen at JFK Airport in a business class lounge on Thursday.
Litquidity tweeted pictures of the former CEO before he boarded a flight to San Francisco.
Bankman-Fried was released on a $250 million bond while awaiting trial.
FTX founder Sam Bankman-Fried has been pictured in the American Airlines business class lounge at John F. Kennedy International Airport before flying to his parents' home at Palo Alto, California on Thursday.
The cofounder and former CEO of collapsed crypto trading platform FTX was released on a $250 million bond on Thursday. He was required to surrender his passport and stay with his parents ahead of a federal trial over the failure of FTX.
Litquidity tweeted pictures of Bankman-Fried at JFK on Thursday.
—litquidity (@litcapital) December 23, 2022
Bankman-Fried was arrested on December 13 in the Bahamas, where his company was headquartered, as federal prosecutors in Manhattan unsealed an eight-count criminal complaint against him.
He was flown to New York on Wednesday night after a Bahamian magistrate, who denied him bail on charges there, signed off on the extradition to the US.
Crypto reporter Tiffany Fong also tweeted a picture of Bankman-Fried on his AA flight.
—Tiffany Fong (@TiffanyFong_) December 23, 2022
FTX filed for Chapter 11 bankruptcy protection on November 11, wiping out customer deposits worth billions. Bankman-Fried resigned as CEO the same day.
A lawyer for Bankman-Fried didn't immediately respond to a request for comment by Insider.
Read the original article on Business Insider
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