Who is Bill Ackman?

Billionaire Bill Ackman criticized the $250 million bond deal that allowed disgraced FTX founder Sam Bankman-Fried to live at his parents’ Bay Area home while awaiting federal trial on fraud charges.

What does Bill Ackman say about Sam Bankman-fried?

Key Words Bill Ackman doubles down on Sam Bankman-Fried defense: ‘I am just presuming he is innocent unless and until he is proven guilty’. Published: Jan. 13, 2023 at 4:58 a.m. ET

Did FTX founder Sam Bankman-fried get out of jail?

Pershing Square Capital Management CEO Bill Ackman said in a tweet Thursday that the fact that Sam Bankman-Fried was able to post bail of $250 million to get out of jail as he awaits trial on fraud charges suggests that the FTX founder and former CEO may be guilty. "I instinctually want to believe the best in people," Ackman wrote.

Why did Sam Bankman-fried get $250 million bail?

Ackman apparently saw the headline figure of $250 million bail as a sign that Bankman-Fried, who is also known as SBF, is not as broke has he claimed to be in statements following the collapse of his crypto exchange last month. Also read: Sam Bankman-Fried to be released on $250 million bond following first U.S. hearing