The founder and former CEO of failed crypto exchange FTX, Sam Bankman-Fried (SBF), stirred controversy one more time. Following his extradition from the Bahamas to the United States, the crypto company founder was released into the custody of his parents.
As Bitcoinist reported last week, SBF was granted a $ 250 million bail. When his family posted their house as collateral, the former FTX was allowed to await trial under house arrest. The FTX founder was allegedly involved in a scheme that cost his clients over $ 8 billion in losses.