Crypto mogul’s lawyer in Bahamas says he wanted to see indictment before consenting to travel to face fraud charges
FTX founder Sam Bankman-Fried is led away handcuffed by officers of the Royal Bahamas police at a Nassau courthouse.FTX founder Sam Bankman-Fried is led away handcuffed by officers of the Royal Bahamas police at a Nassau courthouse.First published on Mon 19 Dec 2022 21.
After the hearing, Bankman-Fried was remanded back to the custody of the Bahamas’ department of corrections. He departed the courthouse in a black van marked “Corrections,” carrying a manila folder containing papers, a Reuters witness said. with stealing billions of dollars in FTX customer deposits to plug losses at his hedge fund, Alameda Research.
Bankman-Fried initially had said he would fight extradition, but a source told Reuters on Saturday that the former billionaire would return to court to reverse his decision.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Don’t blowtorch my head!’ The Home Alone recreation that nearly fried James Acaster and Guz KhanSwinging paintcans, electrified sinks, a drop from a zipwire … in The Unofficial Science of Home Alone, James Acaster and Guz Khan are fall guys for the Christmas classic’s brutal booby traps
Read more »
Australia economy updates LIVE: ‘Australia’s post-pandemic economic honeymoon is over,’ Australian Chamber of Commerce and Industry CEO Andrew McKellar saysProfitability and activity output is beginning to pull back, ACCI boss Andrew McKeller says; Donald Trump could face 25 years in prison if convicted; FTX founder agrees to extradition to US, attorney says. Follow updates here.
Read more »
EU countries agree gas price cap to contain energy crisisGermany voted to support the deal, despite having raised concerns about the policy’s impact on Europe’s ability to attract gas supplies in price-competitive global markets.
Read more »
Murder probe underway after woman, 31, found dead in Sydney homePolice are searching for a killer after a woman's body was found in a home at Cranebrook. It's believed the 31-year-old victim might have met the man responsible on a dating app. KateCreedon9 9News MORE:
Read more »