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Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
cryptonews 2022-12-14 10:41:00

Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections

Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections
Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas. On Tuesday, a Bahamian judge denied SBF bail, hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars, and violated campaign laws in what has been described as one of America's biggest financial frauds, according to a report by Reuters. ... Read More: Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections
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