Judd Legum

@JuddLegum ↗

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Last Checked Jan. 9, 2023

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Thu Dec 22 21:06:40 +0000 2022

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Judd Legum @JuddLegum

@SBF_FTX .@SBF_FTX benefited from a kind of bail that is no long the norm. His bail was set at $250 million but he wasn't required to post it upfront (and there is no indication he has that kind of money). He will only be responsible for the $250 million if he doesn't show up in court — PolitiTweet.org

Posted Dec. 22, 2022

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Judd Legum @JuddLegum

@SBF_FTX "Over time, however, those conditions have shifted away from no requirement that money be paid—or a requirement that money be paid only when people failed to appear in court—to upfront payment of cash bail and bail bonds issued by for-profit companies." — PolitiTweet.org

Posted Dec. 22, 2022

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Judd Legum @JuddLegum

@SBF_FTX The result of our cash bail system is we are jailing more and more people who have not been convicted of crimes https://t.co/O68hFqQtM9 — PolitiTweet.org

Posted Dec. 22, 2022