Reports of a quarter billion dollar ‘bond’ for Bankman-Fried are almost as fraudulent as the crimes of which he is accused

Has Ben & Jerry's named a flavor for this Democrat yet?

Thomas Lifson: Reports of a quarter billion dollar ‘bond’ for Bankman-Fried are almost as fraudulent as the crimes of which he is accused   "The public is being bamboozled about the conditions for pretrial release of accused mega-fraudster Sam Bankman-Fried.

"It is the worst possible signal to those who fear that his scores of millions of dollars of political donations have bought him kid-glove treatment by the judicial system.

"The stories you read and hear from the media would have you believe that a “record” bail of $250 million has been paid to ensure that he doesn’t flee the country or otherwise evade prosecution. Where that figure comes from, I don’t know, but this account from The Hill  suggests that the federal prosecutors from the Southern District of New York had a hand in it:

At the request of prosecutors, Manhattan U.S. District Court Judge Gabriel Gorenstein agreed to the bond price and said Bankman-Fried can reside at his parent’s home in Palo Alto, Calif., ahead of the trial, according to The Associated Press.

The fact that the media are trumpeting a phony amount for pretrial release bond and that the Southern District of New York prosecutors and the judge in the case, federal magistrate Gabriel W. Gorenstein – a former chief of the civil rights unit in that same Southern District of New York prosecutors’ office  -- have enabled this misreporting suggests that Bankman-Fried is getting treatment commensurate with the political influence his donations evidently sought to purchase.