Sam Bankman-Fried Free on $250 Million Bail

Sam Bankman-Fried Free on $250 Million Bail

Assessment

Interactive Video

Business, Social Studies

University

Hard

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A New York judge approved a $250 million bail for Sam Bankman-Fried, allowing him to live under house arrest at his parents' home in California. This decision was influenced by his waiver of extradition rights from the Bahamas. The bail conditions include electronic monitoring. The discussion also touches on the potential for Bankman-Fried to take a plea deal, similar to his former colleagues Caroline Ellison and Gary Wang, who have pled guilty and are cooperating with authorities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant reason for Sam Bankman-Fried to waive his right to fight extradition?

To avoid a lengthy trial in the Bahamas

To secure a $250 million bail bond

To live in a luxury home in California

To escape from house arrest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What condition is Sam Bankman-Fried required to adhere to while under house arrest?

Report daily to a police station

Stay in a hotel

Wear an electronic monitoring bracelet

Attend weekly court hearings

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Sam Bankman-Fried's current situation differ from his previous lifestyle?

He is under house arrest with monitoring

He is now living in a luxury mansion

He has more freedom to travel

He is working with authorities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might increase the pressure on Sam Bankman-Fried to make a legal deal?

Public opinion

The judge's leniency

The guilty pleas of his former colleagues

His parents' involvement in the case

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who among Sam Bankman-Fried's former colleagues have pled guilty?

Hannah Miller and Justin

His parents

Caroline Ellison and Gary Wang

The judge and prosecutor