Sam Bankman-Fried to spend Christmas and New Year in jail pending extradition
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Sam Bankman-Fried (SBF), the former chairman and chief executive officer (CEO) of bankrupt FTX Derivatives Exchange, has been denied bail by a Bahamian magistrate. As Reuters reports, SBF has been taken into custody by the Bahamas Department of Corrections and as it stands will spend the Christmas and New Year in jail. Sam Bankman-Fried appeared […]