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Transcripts for BBCNEWS Newsday 20240604 01:19:00

that the destiny did not occur, as you say, rest in the bahamas atjust as you say, rest in the bahamas at just 2a hours as you say, rest in the bahamas atjust 2a hours before the hearing was due to take place. they wanted to hear an explanation, they wanted to hear from explanation, they wanted to hearfrom in his own words explanation, they wanted to hear from in his own words what happened related to the collapse of ftx. that was indeed left to the new ceo, john jay ray, indeed left to the new ceo, jothay ray, who talked about there being an utter lack of record keeping in that company go to some extent to explain how it was that the funds of those customers were funnelled into a hedge fund and perhaps used for his, sam bankman fried s own use. the case has been moving at a lightning pace, as you ve reported, he has appeared in court in the bahamas, his lawyer wanted him released on bail, that was denied by the judge who said he was a flight risk. we know he has been sent to the corre

FTX failure divides lawmakers on how tough to get with crypto regulation – Daily Montanan

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