Poor guy is not having a good day - from the London Daily Mail:
'Depressed' Sam Bankman-Fried hugs his parents as he is DENIED bail and sent to overcrowded hellhole Bahamas jail as prosecutors say he hid $300m in Brazilian firm before collapse of FTX exchange
-
- Sam Bankman-Fried was arrested in The Bahamas last night on fraud charges
- A judge denied him bail on Tuesday despite his pleas to be put on house arrest
- He was remanded to the Bahamas Department of Corrections' notorious Fox Hill Prison until his next court appearance on February 8
- SBF faces 155 years in prison if convicted of fraud and money laundering
- Prosecutors say he used FTX as a 'personal piggy bank' to fund his lavish lifestyle
- He also made enormous donations to the Democratic party and President Biden
The media are promoting this story - I wonder what other stories are playing out in the background.
They are using this train-wreck to distract us...
Leave a comment