Re:How Did Sam Bankman-Fried Get Bail?
by dragonwriter on Sunday December 25, 2022 @07:49PM
(#34133300)
> so if he's willing to throw his parents under the bus and rates his chances of escape highly he can leave without ever paying that bail.
Suppose he owns the $400+ million in Robinhood equity that he, FTX, and others are currently in a legal battle over. That asset would be within the reach of the automatic default judgement in favor of government that comes with bail forfeiture, even if SBF had fled to a country without extradition.
Suppose he owns the $400+ million in Robinhood equity that he, FTX, and others are currently in a legal battle over. That asset would be within the reach of the automatic default judgement in favor of government that comes with bail forfeiture, even if SBF had fled to a country without extradition.