Posts

Showing posts with the label extradition

7 Best Christmas Tree Stands in 2022

Image
Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

Denied bail, FTX founder held in Bahamas jail

Image
A Bahamian judge denied FTX founder Sam Bankman-Fried bail, after U.S. prosecutors accused the 30-year-old of misappropriating billions of dollars in what has been described as one of America's biggest financial frauds. https://www.tausiinsider.com/denied-bail-ftx-founder-held-in-bahamas-jail/?feed_id=328372&_unique_id=64245bb4befed

Sam Bankman-Fried to reverse decision on contesting extradition

Image
The Bahamas Department of Correctional Services facility where Sam Bankman-Fried, who founded FTX, is believed to be held following his arrest in Nassau, Bahamas, Dec. 15. DANTE CARRER/Reuters Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday. The cryptocurrency mogul was indicted in federal court in Manhattan on Dec. 13 and accused of engaging in a scheme to defraud FTX customers. His decision to consent to extradition would pave the way for him to appear in U.S. court to face charges of using stolen customer deposits to pay for expenses and debts and to make investments on behalf of his crypto hedge fund, Alameda Research LLC. Still, any trial is likely more than a year away, legal experts told Reuters. FTX FOMO: How big-name investors, including Canadian pension funds, bought into a crypto craze...

FTX founder Sam Bankman-Fried consents to be extradited to U.S.

Image
FTX founder Sam Bankman-Fried leaves the Magistrate Court building in Nassau, Bahamas, on Dec. 19. MARCO BELLO/Reuters am Bankman-Fried will be taken to an airport in The Bahamas at 6 p.m. EST (2300 GMT) on Wednesday, a person familiar with the matter said, after the FTX founder was taken to prison following a courthouse appearance where he consented to be extradited to the United States. Federal prosecutors in Manhattan last week charged the 30-year-old cryptocurrency mogul with stealing billions of dollars in FTX customer assets to plug losses at his hedge fund, Alameda Research, in what U.S. Attorney Damian Williams called “one of the biggest financial frauds in American history.” Bankman-Fried left the courthouse, surrounded by guards with assault weapons, and entered a vehicle, according to Reuters Video. The Ministry of Foreign Affairs in The Bahamas said in a statement that the foreign minister had signed off on allowing Bankman-Fried’s extradition to the United States. Bankma...

Judge kept FTX executives’ plea deals secret to get Sam Bankman-Fried to U.S., court transcripts show

Image
Former FTX chief executive Sam Bankman-Fried walks from the Manhattan federal court after securing bail, on Dec. 22. JEENAH MOON/Reuters A judge kept secret that two of Sam Bankman-Fried’s closest associates had turned against him so the cryptocurrency entrepreneur wouldn’t get spooked and fight extradition from the Bahamas, according to court transcripts made public Friday. U.S. prosecutors in New York waited until Bankman-Fried, the founder of the collapsed crypto exchange FTX, was in FBI custody before revealing that his business partners, Carolyn Ellison and Gary Wang, had secretly pleaded guilty to fraud charges and were cooperating in the investigation. U.S. Attorney Damian Williams announced the guilty pleas when Bankman-Fried was in the air late Wednesday. Prosecutors had been concerned that if Bankman-Fried found out his friends were cooperating, he might try to fight extradition from the Bahamas, where he had been arrested at the request of U.S. authorities. Ellison, 28, an...

Popular posts from this blog

Pick a Ceiling Fan Based on a Room's Square Footage

An Existentialist Guide to Feeling Nothing

6 of the Best Drinking Games to Play During Super Bowl LVII