Who secured Bankman-fried's bail?

White collar defendants often have the means to put up bond packages, but defendants with limited assets will often use a bail bondsman. Bankman-Fried's bail was secured by his parents Joseph Bankman and Barbara Fried, who offered up their home in Palo Alto, California. Does the bail amount mean Bankman-Fried or his family has $250 million? No.

How much is Sam Bankman-fried's bail?

Sam Bankman-Fried's bail was set at a whopping $250 million — but that's still much less than some monster bonds. Here are some of the biggest. Sam Bankman-Fried leaves his bail hearing in Manhattan Federal Court on Thursday. Michael Santiago/Getty Images Sam Bankman-Fried's $250 million bail is one of the largest ever posted.

What if Bankman-Fried did not get bail?

Defendants are presumed to be eligible for bail unless prosecutors can prove that no set of conditions could ensure that they would return to court. As Bankman-Fried was accused of a white collar, or financial, crime, it would have been surprising if he had not received bail. How did Bankman-Fried secure bail?