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FTX founder Sam Bankman-Fried “chills” in the American Airlines lounge at JFK before flying business class to his parents’ home to await trial




FTX founder Sam Bankman-Fried “chills” in the American Airlines lounge at JFK before flying business class to his parents’ home to await trial

Sam Bankman-Fried in the American Airlines lounge at JFK International Airport on Thursday.Liquidity

  • FTX co-founder Sam Bankman-Fried was spotted at JFK airport in a business class lounge on Thursday.

  • Litquidity tweeted photos 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 parents̵[ads1]7; home in Palo Alto, California on Thursday.

The co-founder and former CEO of collapsed crypto trading platform FTX was released on $250 million bond Thursday. He was ordered to surrender his passport and stay with his parents ahead of a federal trial over the failure of FTX.

Liquidity tweeted pictures of Bankman-Fried at JFK Thursday.

Bankman-Fried was arrested Dec. 13 in the Bahamas, where his company was headquartered, as federal prosecutors in Manhattan dismissed an eight-count indictment 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 his extradition to the United States.

Crypto reporter Tiffany Fong also tweeted a photo of Bankman-Fried on his AA flight.

FTX filed for Chapter 11 bankruptcy protection on Nov. 11, wiping out billions worth of customer deposits. Bankman-Fried resigned as CEO the same day.

An attorney for Bankman-Fried did not immediately respond to a request for comment from Insider.

Read the original article on Business Insider





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