Re:FTX founder Sam Bankman-Fried to be released on $250M bail
by dragonwriter on Thursday December 22, 2022 @07:33PM
(#34100911)
SBF and his parents are on the hook for the full amount, two other sureties for lesser amounts.
Personally fleeing doesn't really matter, because signing as a bail surety makes the court itself your agent for service of process, and default judgement is automatically available. (They do have to provide a copy of notices at the sureties last known address, but they don't have to actually serve notice on them.)
Now, if all the assets of SBF and his sureties are out of reach of the US government, that would be a problem.
Personally fleeing doesn't really matter, because signing as a bail surety makes the court itself your agent for service of process, and default judgement is automatically available. (They do have to provide a copy of notices at the sureties last known address, but they don't have to actually serve notice on them.)
Now, if all the assets of SBF and his sureties are out of reach of the US government, that would be a problem.