Bankman-Fried granted $250m bail by US court
ONE day after being extradited to the United States, Samuel Bankman-Fried, former CEO of the failed cryptocurrency exchange FTX, was released on a $250m bond while he awaits trial on several fraud charges.
Crowds in GB for hot meals
GRAND Bahama residents turned out in large numbers at the Bahamas Union of Teachers building in Freeport yesterday for hot meals distributed by United Faith Ministries International.
‘Talk is cheap’ on resort’s green pledge
A LOCAL environmentalist said “talk is cheap” as she questioned the promise from officials of a multimillion-dollar Long Island project to act within environmental safety regulations.
$30,000 donation to support Junkanoo from KFC
YOUTH, Sports and Culture Minister Mario Bowleg said the upcoming Junkanoo parade, which is completely sold out, will be “finger licking good” due to a $30,000 donation from Kentucky Fried Chicken yesterday.
Guilty of stealing $2,000 of clothes
A MAN was fined $1,000 in Magistrate’s Court yesterday after admitting to stealing over $2,000 worth of clothing and shoes this week.
Man accused over firearm
A MAN was granted bail in Magistrate’s Court yesterday after he was accused of having an unlicenced gun in Eleuthera last week.
Gas prices on the way down ‘for first quarter’
THE vice president of the Bahamas Petroleum Dealers Association said gas prices are trending downwards, something he expects to continue leading into the first quarter of the new year.
Grocers president agrees with IDB on price controls
THE president of the Retail Grocers Association said recent commentary from the Inter-American Development Bank (IDB) on the negative impact of expanded price controls on businesses is “spot on”.
PM: Challenges made us stronger
PRIME Minister Phillip “Brave” Davis extended Christmas greetings and offered well wishes to Bahamians in a video released by the Office of the Prime Minister yesterday.
Plan to feed 3,000 in Grand Bahama today
A major effort is underway to feed some 3,000 people today in Grand Bahama through an initiative called Operation Christmas.
Large crowd turns out for Fox Foundation food giveaway
THERE was a large turnout at the sports centre grounds yesterday for a food voucher giveaway organised by the Fox Foundation.
Renovations on national stadium start next month
YOUTH, Sports and Culture Minister Mario Bowleg said yesterday that renovations to the Thomas A Robinson National Stadium are set to begin in the first week of January.
‘Worst Christmas ever’ say straw market vendors
DESPITE heavy tourism traffic downtown before the holidays, straw vendors say they are experiencing their worst Christmas season to date, with few to no sales most days.
FTX founder extradited
EMBATTLED former FTX CEO Samuel Bankman-Fried was extradited to the United States yesterday after formally waiving his right to an extradition hearing.
‘Lots of muscle’ required for $142m toxic BOB pile
The Bank of The Bahamas bail-out vehicle must now employ “lots of muscle” to recover its remaining “toxic” loan collateral valued at $142m, its chairman revealed yesterday.
