Over at Serious Trouble, a blog post: How did Sam Bankman-Fried get bail? A lawsplainer on the federal bail system, what terms he got, and how he got them.

https://www.serioustrouble.show/p/how-did-sam-bankman-fried-get-bail

How Did Sam Bankman-Fried Get Bail?

Federal bail does not necessarily work the way you think it should.

Serious Trouble
@Popehat
white rich people doing tremendous financial crime get to stay out of out of jail. that's our classist, racist society. because 'danger' is about physical violence rather than include economic violence.
@kevix @Popehat it’s insane to me that he was let go on bail, for essentially just a pinky promise to not flee. Despite potentially having many millions in untraceable assets, enough to set him up for life.
The magistrate judge made a huge mistake here. SBF can flee using his massive untraceable resources and deep web social network. A couple car swaps and bam he’s cozy in the woods. Why is SBF being treated like some upstanding citizen above fleeing?