What did the bad boy of #crypto do to get in the good books of Santa ?

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What did the bad boy of #crypto do to get in the good books of Santa ?

Apparently SBF or Sam Bankman Fried the former FTX CEO had everything going for him.
As the MIT grad enjoyed the status of being the green eyed boy of crypto.

He was the toast of the crypto and blockchain space and the talk of the financial circles till things went bad for him and all the FTX investors and FTT token holders. FTX as well as Alameda Research fell like a pack of cards.

The result was that not so long ago SBF was cooling his heels in a prison cell in the Bahamas.His arrest was carried out based on wire fraud and conspiracy charges against him in the U.S.

SBF Sam Bankman Fried Extradition to U.S

Post his arrest on the 13th of December and some prison time there he had been extradited to the U.S on the 21st of Dec. 2022

SBF Sam Bankman Fried appears in court on Dec 22, 2022

Appearing in court in New York he applied for bail.

SBF Sam Bankman Fried gets a Bail for a $250 million Bond

There has been a lot of speculation that where did the money to pay for the bail came from as SBF Sam Bankman Fried had earlier stated that he had only $ 100 million.

Therefore speculation was ripe if SBF Sam Bankman Fried had used investor funds once again to fund his bail.

Apparently SBF Sam Bankman Fried's parents have used the five bedroom home in Pao Alto as collateral for the $250 million bond.

Christmas is the time to do good deeds and spend time with family and friends.
Children are told to do good deeds to be in the good books of Santa so that he can get them the gifts of their choice.

SBF Sam Bankman Fried is not a child and has he done any good deeds to get in the good books of santa?
Yet he gets a bail and gets to spends the Christmas with his parents.

Money sure can take you places and buy you things that you want provided you have enough of it.

While SBF may get tried however Do Kwon is still at large something to ponder upon for sure.

On this note spare a thought for all those who trusted SBF and his businesses. Not only did people trust him but also put their life savings into his business and the FTT token the value of of which is currently worthless.