FTX founder Sam Bankman-Fried has been pictured in the American Airlines business class lounge at John F. Kennedy International Airport before flying to his parents’ home in Palo Alto, California, on Thursday.
The co-founder and former CEO of bankrupt crypto trading giant FTX was released on a $250 million bond on Thursday. He was required to surrender his passport and stay with his parents ahead of a federal trial over the failure of FTX.
Bankman-Fried was arrested on December 13 in the Bahamas, where his company was headquartered, as federal prosecutors in Manhattan unsealed an eight-count criminal complaint against him.
He was flown to New York on Wednesday night after a Bahamian magistrate, who denied him bail on charges there, signed off on the extradition to the US.
Crypto reporter Tiffany Fong also tweeted a picture of Bankman-Fried on his AA flight.
FTX filed for Chapter 11 bankruptcy protection on November 11, wiping out customer deposits worth billions. Bankman-Fried resigned as CEO the same day.
