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Former FTX chief Sam Bankman-Fried jailed for 25 years
Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
‘Make the switch’: 2.6% growth below forecasts
THE Bahamas must “make the switch” to focus on medium to long-term economic goals after it was revealed yesterday that 2023’s 2.6 percent real GDP growth came in below expectations.
Former FNM MP Saunders shot dead
DON Saunders was looking forward to a week-end of catching up with his foster brothers and father — a ritual for him before marking Easter at St Christopher’s Anglican Church — when he was shot and killed in a yard on Margaret Road in Gambier Village last night.
Mistaken suspect tells of panic as he tried to drink sewer water in cell
A MAN who was arrested - but then released - after an armed robbery of Quality Supermarkets on Tuesday claimed officers humiliated him, and he felt forced to drink sewer water to stay hydrated after suffering a panic attack while in custody.
Treasure Cay gets ‘break we’ve waited 35 years for’
TREASURE Cay stands poised for “the break we’ve been waiting for for 35 years” after a Florida-based developer last night confirmed he has a “binding” deal to acquire the Abaco development.
Child killer says prison conditions too harsh
CONVICTED child killer Kohfe Goodman filed a constitutional motion in the Supreme Court about the deplorable conditions he faces in prison while serving a 55-year sentence.
Court rejects attempt to block AG’s Office representing Munroe in Murphy case
A SUPREME Court judge rejected an attempt to prevent the Office of the Attorney General from representing National Security Minister Wayne Munroe in a lawsuit concerning the removal of former prison commissioner Charles Murphy.
Friends killed in car tragedy
TWO men in Andros over the weekend were friends and co-workers driving to meet one another at a festival when their cars collided, killing them both.
Colombian accuses Miller of threatening him with a gun
A COLOMBIAN man alleged that former Police Staff Association chairman Sonny Miller, 46, threatened him with a gun after the US Coast Guard caught them with 181lb of cocaine in Acklins in 2022.
Bahamian man charged in US on three human smuggling incidents
A 33-YEAR-OLD Bahamian man was arrested and charged in the United States yesterday in connection with three maritime human smuggling incidents — including one that resulted in five deaths.
Teen charged with murder of Eleuthera man last week
A 15-YEAR-OLD youth was remanded in custody yesterday after being accused of stabbing a relative to death in Eleuthera last week.
Western Air denies emergency landing
WESTERN Air CEO and president Sherrexia “Rexy” Rolle denied that one of the airline’s flight from Abaco experienced an emergency landing in Grand Bahama yesterday.
AJ Storr declares for the NBA Draft
Less than a week removed from an early National Collegiate Athletic Association (NCAA) D1 basketball tournament exit, Wisconsin Badgers guard AJ Storr now has his sights set on the 2024 NBA Draft.
Bahamians conflict on broker’s US client pull
Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.
PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
Nassau/PI beating forecasts after ‘hair raising’ crime woe
NASSAU/Paradise Island resorts were yesterday said to “all” be beating expectations heading into the peak Easter weekend as the sector rebounds from the “hair-raising” crime alert fall-outs.
‘Big question mark’ on Boating Act insurance
CONCERNS were yesterday raised over whether there is sufficient local insurance capacity to meet the new Boat Registration Act requirements as one carrier deemed the sector “too risky” to cover.
Regulator pledges probe into BPL’s fuel charges
REGULATORS yesterday again pledged to investigate Bahamas Power & Light’s (BPL) fuel charge and how this is calculated to ensure consumers are protected after last year’s up to 163 percent hikes.