Sam Bankman-Fried outside at the federal court in Manhattan. Bankman-Fried's parents' Palo Alto home has been the subject of discussion given its role in securing his release on a $250 million bail package.Jeenah Moon/Reuters Sam Bankman-Fried's parents lease the land for their home from Stanford, the LA Times reports. They'd put up the $4 million home as collateral for the former FTX CEO's $250 million bail release. Bail terms are about flight-risk rather than if collateral can cover the full amount, legal experts said. When Sam Bankman-Fried's parents helped him get released through a $250 million bail package, it raised questions about how their family home could secure the astronomical sum.