Bankman-Fried Chills In Bahamas Jail Reading News About Himself

Sam Bankman-Fried was arrested Monday in the Bahamas at the request of U.S. officials for allegedly defrauding investors in his now bankrupt FTX cryptocurrency exchange.

  • Bankman-Fried spends his days in a Bahamian jail watching movies and reading news articles about himself, says a prison official who claims he regularly interacts with him.
  • The official also says the former FTX executive and CEO will waiver his right to fight extradition to the U.S. if his second attempt at making bail is denied.
  • Bankman-Fried is ready to “face the music,” the official also said.
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