The Bankman-Fried Bail

Whether bail of $250 million is excessive strikes us as a close question.

AP/Yuki Iwamura
FTX founder Sam Bankman-Fried leaves court on December 22, 2022, at New York. AP/Yuki Iwamura

Is $250 million in bail for Samuel Bankman-Fried excessive? We ask because of the Eighth Amendment. It prohibits the requirement of excessive bail. We understand that Mr. Bankman-Fried didn’t personally fork over a quarter of a billion spondulix. We get that he doesn’t have to put up all of the $250 million. Yet we don’t mind saying that whether this kind of bail is excessive strikes us as a close question.

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