FTX founder Sam Bankman-Fried is released for a $ 250 million bond

Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, will be released for a deposit of $ 250 million because he is faced with a number of criminal complaints in the United States, a federal judge decided on Thursday.

The decision was made during Bankman-Fried's first public appearance in a federal court in Manhattan since the indictment against him was unveiled last week. He was delivered to New York late Wednesday.

Bankman-Fried, which is faced with eight charges-including conspiracy for wire fraud among customers and lenders, money laundering and violations of laws on campaign financing-could spend the rest of his life in prison if convicted.

Bankman-Frieds Legal problems worsened on Wednesday evening when the US prosecutor announced for the southern district of New York that two of his closest colleagues were guilty of fraud allegations in connection with the Implosion of FTX.

Caroline Ellison, who headed the trading daughter of FTX, Alameda, Alameda, and Gary Wang, a co-founder of FTX himself, to whom the authorities have written the underlying code that disadvantaged the regular customers of the stock exchange, agreed both, with federal prosecutors, Damian Williams, US lawyer in Manhattan, said.

The announcement of the civil code was announced shortly after Bankman-Fried von the Bahamas, where he lived and was arrested, had flown to New York after he had previously refrained from containing delivery.