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#Sam Bankman-Fried arrives at parents’ Palo Alto home

“Sam Bankman-Fried arrives at parents’ Palo Alto home”

Disgraced FTX founder Sam Bankman-Fried was spotted early Friday arriving at his parents’ Palo Alto, California, home where he will remain under house arrest after being released on a record $250 million bond.

Two vehicles were seen pulling up to Joseph Bankman and Barbara Fried’s residence located on the edge of Stanford University’s campus at around 4:30 a.m.

A Stanford campus police vehicle was seen outside the home, where the accused cryptocurrency fraudster will be spending his time with mom and dad, both law professors.

A Stamford University campus police vehicle is seen outside Joseph Bankman and Barbara Fried's home.
A Stamford University campus police vehicle is seen outside Joseph Bankman and Barbara Fried’s home.
David G. McIntyre
Sam Bankman-Friend parents' house
The property where Bankman-Fried will remain under house arrest.
David G. McIntyre
Sam Bankman-Friend's mom
Bankman-Fried is the son two law professors.
Matthew McDermott
Sam Bankman-Fried
Bankman-Fried faces charges that carry a possible 115 years in prison.
Matthew McDermott
Sam Bankman-Fried leaves Manhattan federal court
Bankman-Fried was released on a record $250 million bond.
Getty Images

Bankman-Fried, 30, who was back in the US after his extradition from the Bahamas, is facing a slew of federal charges, including wire fraud, conspiracy and money laundering carrying a sentence of up to 115 years in prison.

Bankman-Fried appeared in Manhattan federal court Thursday, when a judge signed off on a deal allowing the former CEO to be released on a $250 million bond and be placed under house arrest with an ankle monitor.

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