Bahamas court denies SBF bail, citing a “risk of flight”

The attorney for Bankman-Fried had asked that bail be set at $250,000. He claimed that SBF suffered from “depression” and “insomnia,” has no prior convictions, and did not leave the Bahamas despite having “ample opportunity” to do so.

Additionally, the legal team for SBF asserted that their client hasn’t been using any prescription drugs—including “Adderall” and “anti-depressants”—since his arrest.

Join 2 million subscribers





A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
Total
0
Share
nextbigwhat We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications