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The Chopping Block: Was FTX a Scam From the Very Beginning? - Ep. 433
Unchained
Can They Search His Promises for $250,000 Bail?
Laura Ling: Sam was arrested in Bahamas and asked for bail because he didn't want to hang out in a Bahamud jail while he was awaiting extradition. He offered to pay $250,000, which supposedly was more than his net worth. She says the judge wasn't very excited about the idea of him getting bail. Ling: It is crazy that like they it's issued so much SOBTC and it was a completely unbacked. They had no Bitcoin.
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