Jasper Ward / Reuters:
Source: Sam Bankman-Fried plans to reverse his decision to contest extradition to the US; legal experts say any trial is likely more than a year away — Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition …
CNBC:
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited — – The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …
Angus Berwick / Reuters:
Sam Bankman-Fried says he is in the Bahamas, denying speculation on Twitter that he had flown to South America after FTX filed for bankruptcy — FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation on Twitter that he had flown to South America …
Nikhilesh De / CoinDesk:
The Securities Commission of the Bahamas says it didn’t order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX’s statement — FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators’ request. — Crypto exchange FTX was not required …
Rohan Goswami / CNBC:
Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says he should be remanded to Bahamian custody until February 8, 2023 — A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried and said he should be remanded …
Kyle Wiggers / TechCrunch:
Jasper, a service that leverages AI to generate marketing art and copy, raised $125M led by Insight Partners at a $1.7B valuation — As the enthusiasm around AI image and text generators grows, Jasper, a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.7 billion valuation.
Koh Gui Qing / Reuters:
Records: FTX, its executives, and SBF’s parents bought 19+ properties in the Bahamas worth ~$121M over the past two years as “residence for key personnel” — Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought …
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