Sam Bankman-Fried, the founder of FTX, was remanded in detention in the Bahamas on Tuesday as he battles extradition to the US over allegations of wire and securities fraud. Here’s some of the photos from the inside of Sam Bankman-Fried’s prison.
Sam Bankman-Fried’s parents bought Bahamas vacation home with $121 million in FTX money. Professors of law Joseph Bankman and Barbara Fried from Stanford University were identified as signatories on a property in Old Fort Bay that was allegedly utilized as a vacation home.
Jamaica, Bahamas and the Caribbean have all sunk their toes into the virtual currency market by launching the Central Bank Digital Currency. The country’s CBDC is called the Jam-Dex and it carries with it a tagline as relaxed as the nation’s reputation: “No cash, no problem”.
A mysterious titanium ball weighing 41 kg with Russian script on it was spotted recently on a beach in the Bahamas. The Russian text on the object notes it has a capacity of around 43 litre and temperature between -170C and -196C.