FTX founder Sam Bankman-Fried charged with fraud, denied bail

FTX founder Sam Bankman-Fried charged with fraud, denied bail


Former FTX CEO Sam Bankman-Fried, who was arrested in the Bahamas on Monday, lowered his head and hugged his parents after the magistrate judge refused bail citing a "great" risk of flight. He was ordered remanded to a correctional facility in the Bahamas until February 8.

Former FTX CEO Sam Bankman-Fried, who was arrested in the Bahamas on Monday, lowered his head and hugged his parents after the magistrate judge refused bail citing a "great" risk of flight. He was ordered remanded to a correctional facility in the Bahamas until February 8.



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