Why doesn't this article state that Mr. Bankman-Fried didn't actually PUT UP ANY MONEY for the so-called "$250 million bond"?This was not a "surety bond"  where a bondsman puts up cash and the defendant pays the bondsman a 15% fee.This wasn't even a "collateral bond" where collateral valued as being worth the FULL AMOUNT of the bond is pledged.  The only collateral in SBF's bond is his parents' $4 million Palo Alto home.Bankman-Fried instead was granted (gifted) a "personal recognizance bond" which is nothing more than a "promise" that he and/or his parents will pay the court if he doesn't show up as scheduled.Not one penny out of his pocket now.  Not one penny in bondsman fees. Disgraceful.

Why doesn't this article state that Mr. Bankman-Fried didn't actually PUT UP ANY MONEY for the so-called "$250 million bond"?This was not a "surety bond"  where a bondsman puts up cash and the defendant pays the bondsman a 15% fee.This wasn't even a "collateral bond" where collateral valued as being worth the FULL AMOUNT of the bond is pledged.  The only collateral in SBF's bond is his parents' $4 million Palo Alto home.Bankman-Fried instead was granted (gifted) a "personal recognizance bond" which is nothing more than a "promise" that he and/or his parents will pay the court if he doesn't show up as scheduled.Not one penny out of his pocket now.  Not one penny in bondsman fees. Disgraceful.

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