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SBF reportedly files new bail application in the Bahamas Supreme Court

Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.

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Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead

Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry…

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SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept

Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."

Continue ReadingSBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept

SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt…

Continue ReadingSBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’

White House silent on whether it will return $5.2M in donations from SBF

A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF.

Continue ReadingWhite House silent on whether it will return $5.2M in donations from SBF