Sam Bankman-Fried Has Bail Denied, Remains in Custody of Bahamian Department of Corrections

Sam Bankman-Fried, the disgraced founder and former CEO of cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas. On Tuesday, a Bahamian judge denied SBF bail, hours after U.S. prosecutors alleged the crypto boss defrauded customers, misappropriated billions of dollars, and violated campaign laws in what has been described as one of America's biggest financial frauds, according to a report by Reuters. ...