Sam Bankman-Fried, the CEO of cryptocurrency exchange FTX, has been granted a $250 million bail deal, thanks to a number of co-signers, including Stanford scholars.

The details of the bail-backers have now been revealed, and they include a former Stanford Law School dean, who co-signed the bail bond.

Bankman-Fried is currently facing jail time for a number of charges, including fraud and money laundering. He was arrested in January and has been out on bail since then.

However, Bankman-Fried was slapped with a new bail restriction after he was caught using a VPN to watch the Super Bowl.

The bail deal, which was co-signed by a number of prominent figures, is seen as a major victory for the cryptocurrency mogul.

It is still unclear if Bankman-Fried will be able to make the full bail payment, but the names of the co-signers have now been made public.

This is a developing story. Check back for updates.