
Sign up to save your podcasts
Or
In the US, state and federal bail restrictions can differ wildly and, unless there’s some reason to believe that a charged individual will hurt themselves or others or flee before their trial, federal bail conditions are usually quite reasonable.
In the case of Sam Bankman-Fried, while he’s charged with the third largest corporate fraud in history (surpassed only by Bernie Madoff and Enron), he’s also never committed another crime, was relatively easily extradited from The Bahamas, and comes from a well-connected family at Stanford University.
Meanwhile, Avraham Eisenberg, the exploiter of the decentralized exchange Mango Markets, also faced bail hearings this month. Only, Eisenberg waived his right to bail entirely and went directly to jail.
So, why were their bail cases treated so differently? Protos reached out to several lawyers who spoke on background to provide some answers.
Hosted on Acast. See acast.com/privacy for more information.
In the US, state and federal bail restrictions can differ wildly and, unless there’s some reason to believe that a charged individual will hurt themselves or others or flee before their trial, federal bail conditions are usually quite reasonable.
In the case of Sam Bankman-Fried, while he’s charged with the third largest corporate fraud in history (surpassed only by Bernie Madoff and Enron), he’s also never committed another crime, was relatively easily extradited from The Bahamas, and comes from a well-connected family at Stanford University.
Meanwhile, Avraham Eisenberg, the exploiter of the decentralized exchange Mango Markets, also faced bail hearings this month. Only, Eisenberg waived his right to bail entirely and went directly to jail.
So, why were their bail cases treated so differently? Protos reached out to several lawyers who spoke on background to provide some answers.
Hosted on Acast. See acast.com/privacy for more information.