Sam Bankman-Fried Appears in Bahamas Court Amid Confusion Over Next Steps

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Sam Bankman-Fried Appears in Bahamas Court Amid Confusion Over Next Steps
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Sam Bankman-Fried appeared in a Bahamas court, but the proceedings didn’t immediately resolve questions related to his local custody and potential transfer to the U.S. to face criminal charges related to FTX's collapse

In less than 24 hours, FTX founder Sam Bankman-Fried was arrested, charged with eight counts of fraud, and sued by both the Securities and Exchange Commission and the Commodity Futures Trading Commission.

WSJ explains how the day unfolded. Photo: Dante Carrer/Reuters
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