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Global News Podcast

FTX founder released from custody on $250m bail

Global News Podcast

BBC

News, Daily News

4.38.3K Ratings

🗓️ 23 December 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

Former FTX boss Sam Bankman-Fried is accused of defrauding customers and investors of the collapsed cryptocurrency exchange. Also: Spain approves transgender bill, and the Glasgow chef credited with inventing chicken tikka masala dies aged 77.

Transcript

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0:00.0

You are bound to devote yourself to the long conflict between the light and the dark.

0:08.6

The dark is rising, an immersive audio adventure, adapting Susan Cooper's classic fantasy novel

0:16.6

into a gripping 12-part family drama.

0:19.4

Everything has changed.

0:21.7

The dark is rising, find it wherever you get your BBC podcasts.

0:30.0

This is the Global News Podcast from the BBC World Service.

0:35.1

I'm Janet Jalil, and in the early hours of Friday 23rd December, these are our main stories.

0:41.2

The disgraced former cryptocurrency boss Sam Bankman-Freed has been released from custody in New York

0:47.0

on bail set at $250 million.

0:51.8

Abeldon Court has ordered that a senior member of the European Parliament embroiled in a corruption scandal

0:57.0

should remain in detention for another month.

1:00.2

Muslim countries, including Saudi Arabia and Iran, have joined Western governments in condemning

1:06.2

a Taliban decision to stop women from attending university in Afghanistan.

1:13.4

Also in this podcast, the Spanish art form Flamenco is said to be recovering after it was

1:26.4

greatly affected by the COVID-19 pandemic.

1:32.2

We begin in the United States.

1:34.3

It's an incredible come down for a man whose crypto empire was once valued at $32 billion.

1:41.4

Some Bankman-Freed had a spectacular rise after founding the cryptocurrency exchange FTX

1:46.1

just three years ago.

1:47.8

But after FTX has collapsed last month, he was detained, first in the Bahamas, then

1:52.1

in the US to where he was extradited on Wednesday.

1:55.3

Now, as he prepares to stand trial in New York on fraud charges, he's been released on

...

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