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Dubai News Club > Tech > Sam Bankman-Fried is denied bail in the Bahamas
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Sam Bankman-Fried is denied bail in the Bahamas

Press Room
Last updated: 2022/12/13
Press Room
Published: December 13, 2022
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Sam Bankman-Fried, founder and former CEO of FTX, was denied bail on Tuesday after a Bahamian judge deemed him a flight risk, according to Reuters. An extradition hearing is scheduled for February 8th.

Bankman-Fried, nicknamed “SBF,” was arrested in the Bahamas Monday evening after US prosecutors informed the Bahamas of sweeping criminal charges expected to be filed against the disgraced crypto darling. In an unsealed indictment Tuesday, prosecutors at the Justice Department’s Southern…

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