FTX founder San Bankman-Fried denied bail by a judge in the Bahamas after he was arrested and charged by the US with fraud
The Securities and Exchange Commission also filed civil charges against Bankman-Fried on Tuesday, alleging that he duped investors and defrauded customers.
Bankman-Fried told the court he could fight extradition back to the US, according to Reuters. Bahamian prosecutors had requested he be denied bail if he did so. Sign up for notifications from Insider! Stay up to date with what you want to know.
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