FTX founder Sam Bankman-Fried released on $250 million bond

FTX co-founder Sam Bankman-Fried made his first court appearance in New York Thursday on allegations he defrauded investors and customers out of billions of dollars. He was released on $250 million bond, which prosecutors called the largest pretrial bond ever, and was ordered to live with his parents in California and wear an electronic monitoring bracelet. Lilia Luciano reports.

source https://www.cbsnews.com/video/ftx-founder-sam-bankman-fried-released-on-250-million-bond/