Sam Bankman-Fried, who was reportedly part of a group chat called “Wirefraud” with senior FTX executives, was arrested in the Bahamas.1 2 The disgraced cryptocurrency entrepreneur, who gave employees a daily allowance of $200 for DoorDash deliveries and chartered private flights to deliver Amazon packages to his company’s headquarters, was denied bail and remanded to Fox Hill prison, which a State Department report described as lacking mattresses and toilet facilities and being infested with rats, maggots, and insects.
Weekly Review
Weekly Review
Weekly Review
Sam Bankman-Fried, who was reportedly part of a group chat called “Wirefraud” with senior FTX executives, was arrested in the Bahamas.1 2 The disgraced cryptocurrency entrepreneur, who gave employees a daily allowance of $200 for DoorDash deliveries and chartered private flights to deliver Amazon packages to his company’s headquarters, was denied bail and remanded to Fox Hill prison, which a State Department report described as lacking mattresses and toilet facilities and being infested with rats, maggots, and insects.