ImFresh3x, 10 months ago He wasn’t charged by NY state. The southern district of NY(SDNY) is a federal court. In federal court: When a defendant’s bail is revoked for failing to appear or violating a bail condition, any money put up for bond can be forfeited. Though they can both happen for the same reasons, they are separate things, and one doesn’t happen automatically because of the other. In this case: His bail was revoked. His bail was not forfeited. I don’t think in any state bail revocation makes bail forfeiture automatic. They’re separate actions. The court would make two separate rulings: The defendants bail terms are revoked. The defendant’s bail shall be forfeited. And the headline would read Bankman bail revoked and forfeited
He wasn’t charged by NY state. The southern district of NY(SDNY) is a federal court. In federal court:
When a defendant’s bail is revoked for failing to appear or violating a bail condition, any money put up for bond can be forfeited.
Though they can both happen for the same reasons, they are separate things, and one doesn’t happen automatically because of the other.
In this case:
His bail was revoked. His bail was not forfeited.
I don’t think in any state bail revocation makes bail forfeiture automatic. They’re separate actions.
The court would make two separate rulings:
The defendants bail terms are revoked.
The defendant’s bail shall be forfeited.
And the headline would read Bankman bail revoked and forfeited