Bankman-Fried will be released on a $250 million bail bond. He will be confined to his parents’ home in...

Palo Alto, California, which is also backing the bail bond. The decision was announced early Thursday afternoon..

“Mr. Bankman-Fried, if you violate the conditions, a warrant will be issued for your arrest,” Judge Gorenstein said, addressing the 

defendant directly for the first time. “Do you understand?” “Yes I do,” Bankman-Fried replied. Judge Gorenstein