Police block the road in front of the Magistrate Court building where Sam Bankman-Fried will appear before the Chief Magistrate today.
Bankman-Fried, who founded and led FTX until a liquidity crunch forced the cryptocurrency exchange to declare bankruptcy last month, was arrested after being criminally charged by U.S. prosecutors, in Nassau, Bahamas December 13, 2022.A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried and said he should be remanded to Bahamian custody until February 8, 2023, hours after a U.S.
Bankman-Fried was charged with several counts in federal court, including wire fraud, securities fraud, money laundering, and campaign finance violations.
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