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a judge says the founder of FTX Sam bankman freed can post a 250 million dollar Bond and live in his parents home in California while he awaits trial bankman freed faces eight counts of conspiracy and wire fraud accused of swindling investors and looting customer deposits on his FTX trading platform he made his first appearance in a New York federal court today after being extradited from the Bahamas two of his top Associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange a federal prosecutor says theyre now cooperating with investigators if convicted bankman freed could face life in prison