Thailand's government stands to lose $1 billion with its latest tax break. The nation could also bring in over $3 billion in investment token offerings.
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The names of the co-signers of SBF's $250 million bond were revealed after a federal judge ordered the document to be unsealed earlier today. The co-signers were Andreas Paepcke, a Research Director at Stanford, and Larry Kramer, dean emeritus of Stanford Law School.
FTX customer funds worth $3.5 billion in November are being held by the Bahamas Securities Commission.
Caroline Ellison, the former CEO of Alameda Research, told a Manhattan judge that Sam Bankman-Fried and other FTX executives received secret loans worth billions of dollars from the quant trading firm.
Sam Bankman-Fried will walk free following a $250 million bail set by a federal judge in New York. The former FTX CEO was extradited to the U.S earlier today.
Sam Bankman-Fried will be extradited to the United States to stand trial for defrauding FTX customers and investors.
A Bahamian Magistrate has ruled that Sam Bankman-Fried will not be extradited to the United States as of now. The former FTX CEO was expected to give up his extradition fight in court today.
Summary: Three major publications reported that Bankman-Fried won’t contest his extradition to the U.S. Sources said the FTX founder will...