Bankman-Fried Lawyer Suggests $250,000 Bail, Ankle Bracelet (1)

An attorney for FTX Co-founder Sam Bankman-Fried proposed that his client pay $250,000 cash bail and wear an ankle bracelet to be allowed to leave his Bahamas jail cell.

The pitch was made on Tuesday during Bankman-Fried’s first court appearance since being arrested in the Bahamas. His US passport was confiscated when he was detained at his luxury penthouse Monday evening.

Dressed in a blue suit and white shirt for the arraignment proceedings, Bankman-Fried at times appeared shaky and fidgety. His parents were present in the courtroom as their 30-year-old son was frequently referred to as a “fugitive.”

The Magistrate’s Court in Nassau, Bahamas.

Photographer: Katanga Johnson/Bloomberg

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