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Sam Bankman-Fried Arrives for Hearing in NY

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FTX co-founder Sam Bankman-Fried arrives at Federal Court in New York on Feb. 16.

Judge Lewis A. Kaplan did not immediately change a $250 million bail package that lets Bankman-Fried live with his parents in Palo Alto, California, while preparing for trial on charges that he cheated investors and looted customer deposits at FTX, his cryptocurrency trading platform.

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