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Sam Bankman-Fried Denied Bail in Bahamas

A Bahamas judge on Tuesday denied disgraced former CEO Sam Bankman-Fried bail and he will be remanded to custody, according to reports.

United statesSam bankmanJohn rayChangpeng zhaoFinancial services committee onBahamas department of correctionsHouse financial services committeeCampaign finance lawsBahamas departmentCommit wire fraudCommit commoditiesCommit securitiesCommit moneyViolate campaign financeFinancial services committeeDigital currency

WATCH – FTX CEO John Ray: This Is Just Plain Old Embezzlement

John Ray, the current CEO of FTX, testified Tuesday that the financial scandal at the crypto-exchange company is "plain old embezzlement."

United statesSam bankmanJohn rayExchanges commissionUs house financial services committee onCampaign finance lawsFinancial services committeeRoger williamsSam bankman friedCommit wire fraudCommit commoditiesCommit securitiesCommit moneyViolate campaign financeWall streetSecure exchanges commission

Carmel, Indiana Man Sentenced to 84 Months in Prison

George McKown, age 71, of Carmel, Indiana was sentenced on his conviction for Wire Fraud and Conspiracy to Commit Securities Fraud.

United statesCliffordd johnsonPhilipp simonThomas mcgrathGeorge mckownRichard gearhartUnited states postal inspection serviceBureau of investigationUnited states district courtSecurities divisionFederal bureau of investigationWire fraudCommit securitiesUnited states district court judge philipCommit securities fraudUnited states attorney clifford

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