Posts
Sammy "The Bull Artist" Bankman-Fried, the disgraced founder of the crypto currency company FTX, was extradited from Nassau, Bahamas and flown to New York where he is facing criminal charges stemming from his scamming customers out of $1.8 billion after his company collapsed. He will be facing charges in the Justice Department's Southern District of New York.
The company, FTX, filed for bankruptcy in November after it was discovered that the company was intertwined with Alameda Research, a sister firm. Both companies were controlled [sort of] by Bankman-Fried along with a group of incompetent executives in a luxury penthouse in the Bahamas, where Bankman-Fried was arrested for fraud.
FTX was headquartered in Nassau.
Bankman-Fried’s attorneys have tried to negotiate a bail agreement that would allow him to be released pending trial while he was in custody in the Bahamas, but they failed as he is a likely flight risk and a known scum muffin.
Bankman-Fried’s attorneys have tried to negotiate a bail agreement that would allow him to be released pending trial while he was in custody in the Bahamas, but they failed as he is a likely flight risk and a known scum muffin.
A Manhattan federal grand jury charged him with conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering, and conspiracy to defraud the Federal Election Commission and commit campaign finance violations, the Department of Justice said in a statement.
If convicted on all counts, the porker faces up to 115 years in prison, where he will make new friends.
For more on this disgusting person, go here.
No comments:
Post a Comment