Regulators in the Bahamas are holding onto $3.5 billion worth of FTX assets that it claims are intended to be transferred to those who were monetarily affected by the crypto-fallout as customers of the company have filed a lawsuit to get their dues prioritized.
now 3.2% from july to september above the 2.9 estimate that was put forward a month ago as well so clearly the image here is that things are looking better than expected but the fight against inflation may still need to continue. okay, and we don t have much time but want to ask about sam bankman-fried, the disgraced founder of crypto exchange ftx. he s been released on a $250 million bond after appearing in a u.s. court yesterday. tell us more about what can we expect from this case? yeah, so he had already actually surrendered his passport so no major surprise. still awaiting trial in this part but that bail package proposed by federal prosecutors and lawyers for him does require that he have an electronic monitoring bracelet and is now under house arrest, should i say, at his parents house in palo alto so going backwards somewhat in his life moving to the bahamas but now knocked back
billions of dollars of customer assets to plug losses at his own hedge fund alameda, in what they have called one of the biggest financial frauds in american history. they say former alameda boss caroline ellison and ftx co founder gary wang have pleaded guilty to charges and are co operating. sbf, as he s known, says he never intended to commit fraud but has admitted making mistakes . samira hussain has more. at one point sam bankman fried because my company was worth $32 billion. seemingly overnight the crypto exchange collapsed and filed for bankruptcy. it also set the tidal wave through the crypto world, the value of cyrptocurrencies finding and confidence in the industry has created. on wednesday one of the biggest cryptocurrency mining firms in the united states filed for bankruptcy
for the russian offensive. the world health organization issues a stark warning about the worsening covid situation in china as cases continue to rise. and sam bankman fried, the founder of the collapsed crypto exchange ftx, is extradited to the us from the bahamas to face fraud charges. welcome to our viewers on pbs in america and around the globe. the president of ukraine, volodomyrzelensky, has received the red carpet treatment in washington, dramatically flying in from a warzone to meet president biden at the white house. it s his first overseas trip since russia invaded ukraine in february. america is kyiv s most
a good business, do wonderful, the best user experience. egan the best user experience. evan luthra was the best user experience. evan luthra was a the best user experience. evan luthra was a big the best user experience. evan luthra was a big fan the best user experience. evan luthra was a big fan of - the best user experience. evan luthra was a big fan of visual currency exchange ftx until it imploded last month. speaking to me from india, the seasoned investors that he blamed disgraced founder sam bankman fried for the collapse. the reason it failed was because he used userfunds, not because he used userfunds, not because it was not a good business. how much money did you lose? just over 2 million when exchange went down and i requested withdrawals but none processed. requested withdrawals but none rocessed. ., requested withdrawals but none rocessed. . , ., requested withdrawals but none processed- processed. have you had any word on how processed. have you had any word