FTX founder San Bankman-Fried denied bail by a judge in the Bahamas after he was arrested and charged by the US with fraud

Dec 13 2022 by Business Insider

 

Getty Images

A judge in the Bahamas denied Sam Bankman-Fried bail after he was arrested Monday on fraud charges. The former FTX CEO was remanded into custody until February, according to reports. US authorities charged him with several counts of fraud on Tuesday.

A magistrate judge in the Bahamas denied FTX founder Sam Bankman-Fried bail during a hearing on Tuesday following his Monday arrest on fraud charges. 

The judge said the former CEO and founder of the crypto exchange platform posed a...

Continue Reading FTX founder San Bankman-Fried denied bail by a judge in the Bahamas after he was arrested and charged by the US with fraud