FTX Founder Sam Bankman-Fried Denied Bail
in Bahamas After Arrest, Faces up to 115
Years in Jail
Epoch Times,
by
Katabella Roberts
Original Article
Posted By: earlybird,
12/14/2022 3:19:15 PM
Sam Bankman-Fried, the owner of the failed cryptocurrency exchange FTX, has been denied bail after his arrest in the Bahamas at the request of the U.S. government on Monday.
In a hearing that lasted more than three hours on Tuesday, Chief Magistrate Joyann Ferguson-Pratt ruled that Bankman-Fried’s $250,000 bail request would be denied on the basis that Bankman-Fried poses a flight risk because of his access to financial resources.
The judge ordered the 30-year-old to be remanded to a Bahamas correctional facility until Feb. 8, 2023.
Reply 1 - Posted by:
3XALADY 12/14/2022 3:35:30 PM (No. 1356600)
I was reading somewhere that the Bahamas don't want to let him loose. They want those assets.
6 people like this.
Reply 2 - Posted by:
Right Time 12/14/2022 3:38:47 PM (No. 1356602)
Any bets that SBF will be “Epsteined” in the Bahamas before he can testify against the Dems?
16 people like this.
Reply 3 - Posted by:
Krause 12/14/2022 3:47:40 PM (No. 1356605)
‘Hey, come on. I’m a democrat. Why does the DOJ, FBI and all the democrat politicians get away with all the crap they do, and not me? I even gave them lots of money!’
4 people like this.
Reply 4 - Posted by:
Hazymac 12/14/2022 3:54:00 PM (No. 1356608)
Nassau's Fox Hill prison is presently SBF's domicile. Reportedly, there is no worse place to be in the Caribbean, including Castro's pits of doom. The vegan crypto-swindler is fighting extradition to New York City's posh MCC (Metropolitan Correctional Center), where Jeffrey met his Epstein. Being held on no bail at Fox Hill will test this manly guy's manliness. (How much Robert Mitchum has he got inside? Where he is, it might matter.) Here's betting he stops fighting extradition when he's fought off enough "horrible splendor of desire" (Yeats's words) from other residents of his spotless new Bahamian home. He has bought his ticket to the good life, although prison kitchen won't honor his alleged vegan diet (he's quite obese for a vegan, don't you think?), and jail cots aren't beanbag beds. Life's tough.
10 people like this.
Reply 5 - Posted by:
rytwng 12/14/2022 4:02:27 PM (No. 1356610)
Hillary the Beast is already planning his suicide.
9 people like this.
Reply 6 - Posted by:
anniebc 12/14/2022 4:15:28 PM (No. 1356620)
Only $250,000? Get right with God, bro.
2 people like this.
Reply 7 - Posted by:
Hazymac 12/14/2022 5:22:39 PM (No. 1356653)
It's really tough when one has to go to Yale. I mean jail. SBF is, like Madoff, a criminal who stole and misappropriated billions of dollars. He who takes what isn't his'n pays it back or goes to pris'n. And what are they going to do with his borgias--gorgeous--girlfriend? She was the financial whiz behind the whole operation, as impressive as Cleopatra to some stupexes like Larry David who can't see or think too well. How did anyone take these goobers seriously? And where was the (useless) Securities and Exchange Commission? (Doing the same thing they were doing while Madoff operated, no doubt.)
8 people like this.
Reply 8 - Posted by:
bogeegolf 12/14/2022 5:31:33 PM (No. 1356660)
Where are the stories of disgruntled investors?
4 people like this.
Reply 9 - Posted by:
smokincol 12/14/2022 5:44:42 PM (No. 1356669)
anyone have a sneaking suspicion that the bad hair boy will end up Clintonated? he's probably safer in the Bahamas than in the Metropolitan Correctional Center where Epstein got suicided
4 people like this.
Reply 10 - Posted by:
hope27 12/14/2022 6:42:00 PM (No. 1356714)
Can you imagine taking this guy seriously . . . about anything . . . much less financial investments???
These elites and their minions are all circus freaks. Enjoy getting a few scalps, but wish the pace would pick up.
2 people like this.
Reply 11 - Posted by:
nwcudagal 12/14/2022 6:48:45 PM (No. 1356723)
When you are talking about misappropriating billions of dollars no one does that better than our own government.
3 people like this.
Who says there's no good news in the papers anymore?
3 people like this.
Reply 13 - Posted by:
MrDeplorable 12/14/2022 7:41:42 PM (No. 1356760)
They ought to give him digital bail and harness his block chain to make it good. . .like the circles that you find in the crypto of your mind.
1 person likes this.
Reply 14 - Posted by:
Hazymac 12/14/2022 7:53:18 PM (No. 1356768)
This afternoon the legacy media reported what what had long been whispered by those truly familiar with the underside of Bahamas: that Fox Hill prison on New Providence Island is still heavily infested with cockroaches, rats, and maggots. Reports state that SBF is ensconced in Fox Hill until early February, at least. Then he's got the Jeffrey Epstein Memorial Cell at NYC's Metropolitan Correctional Center to look forward to. His life has become a sickening filthy sandwich, and he's going to have to eat the whole thing.
5 people like this.
Reply 15 - Posted by:
bighambone 12/14/2022 8:25:14 PM (No. 1356787)
Just as Biden and many of the Democrats who benefited from campaign contributions of over 40 million dollars from Sam Bankman-Fried before the midterm election, did not want him to testify before a congressional committee where he would have been asked questions for hours by adverse Republicans, by having him arrested in the Bahamas the night before he was to testify; those Democrats are not about to leave him in the Fox Hill prison for very long, will get Bankman-Fried extradicted to the USA, where he will be released from custody, and will then probably disappear to Israel to live happily ever after with hundreds of million dollars of his ill gotten gains.
3 people like this.
Reply 16 - Posted by:
PChristopher 12/14/2022 11:26:28 PM (No. 1356847)
115 years? He won't live past the first shower!
3 people like this.
Reply 17 - Posted by:
coldoc 12/15/2022 12:00:26 AM (No. 1356851)
How about the hippy dippy moonchild girlfriend?
2 people like this.
Reply 18 - Posted by:
mifla 12/15/2022 4:33:34 AM (No. 1356915)
Mom and Dad must be so proud.
1 person likes this.
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Poor baby.