An offer to release FTX Founder Sam Bankman-Fried (SBF) on $250,000 bail was rejected by a Bahamas Magistrates Court judge.
The founding SBF’s request to be released on bail was rejected by the judge. Although it was stated at the first stage of the court that the SBF had the legal right to apply for bail “escape riskThis request was not accepted. Court, SBF To be detained in the Bahamas Penitentiary until February 8, 2023. decided.
Bankman-Fried’s attorney, FTX founder’s “depression” and “from insomnia”, had no criminal record and had not fled the Bahamas despite having ‘broad opportunities’ to do so. $250,000 had requested to be identified.
SBF, Mexican cartel boss for trial to take place in the US Joaquin El Chapo Guzmandefense attorney known for representing Mark CohenHe held it. Also, if the SBF is convicted on all eight charges filed by the U.S. Department of Justice Up to 115 years in prison will face the penalty.
Lawyers representing the SBF also stated that since their client’s arrest, “Adderall” and “anti-–depressantsHe claimed that he did not use drugs, including ”. Lawyers also said that SBF would not object to electronic monitoring or reporting to a local police station if released on bail, but all these middle-ground efforts proved to be unsuccessful.
