Sam Bankman-Fried denied bail by Bahamian Judge

Bloomberg · 3 years ago

Bloomberg

3 years ago

Sam Bankman-Fried was denied bail by a judge in the Bahamas. The founder of the failed cryptocurrency exchange FTX faces up to 115 years in prison if he's convicted on all eight charges filed by the US Department of Justice on Tuesday. A defense lawyer said Bankman-Fried planned to fight being sent to the US. Laura Davison reports on Bloomberg Television.