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KNTV NBC Nightly News With Lester Holt June 4, 2024 02:42:00 - Vimarsana News

KNTV NBC Nightly News With Lester Holt June 4, 2024 02:42:00

One-time crypto king is heading back to the u.s. after agreeing to be extradited from the bahamas. former billionaire sam bankman-fried faces charges including wire fraud and money laundering stemming from the dramatic collapse of his massive cryptocurrency exchange, ftx >> this case is one of the biggest financial fraud cases to ever come through the federal court system. >> reporter: billions of dollars vanished when the crypto firm imploded suddenly last month bankman-fried denies that ftx misappropriated customer funds when it made loans to another one of his companies, alameda, a hedge fu...

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:43:00 - Vimarsana News

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:43:00

Anything to be able to do over again. i didn't ever try to commit fraud on anyone. >> reporter: investor rebecca gallagher says she lost nearly $1.5 million in ftx's collapse and flew to the bahamas to look bankman-fried in the eye. >> all my dreams for my retirement are out the window unless i have some kind of restoration. and it's the same for thousands of other people. >> reporter: a key question now, whether bankman-fried will be granted bail as he awaits trial like bernie madoff was, a former prosecutor says this case will come down to intent. >> at the core of it, this actually isn't a ...

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:42:00 - Vimarsana News

MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:42:00

Holidays. the man accused of one of the largest financial frauds in history is back in u.s. custody. the big question this morning, will former ftx founder sam bankman-fried be granted bail? our national correspondent gabe gutierrez has the latest. >> reporter: the one time crypto king is heading back to the u.s. after agreeing to be extradited from the bahamas. former billionaire sam bankman-frud faces charges including wire fraud and money laundering stemming from the dramatic collapse of his massive cryptocurrency exchange ftx. >> this case is one of the biggest financial fraud cases to e...