Judge Gabriel Gorenstein said that Bankman-Fried would require “strict” supervision following his release to his parents’ home in California.
His parents, both Stanford Law professors, were present in the courtroom. Bankman-Fried was flanked by two U.S. Marshals, dressed in a suit and tie.
Bankman-Fried’s parents would put up the equity in their home to partially satisfy bail conditions. As part of the release, Bankman-Fried would be released into the custody of his parents home.