what was going on in the bahamas.he u.s. is also -- ftx's u.s. lawyers are saying there might have been some collaboration between bankman-fried and the bahamas at that time, so that will be interesting as to how exactly the bahamas and the u.s. interact on this and whether they are cooperating or whether they start to come onto opposite sides on it. yes, there is a little bit of disagreement, it looks like, other have not seen anything from the bahamas saying they are opposing the u.s. at this point. it is just u.s. lawyers saying there could have been flows into the bahamas that may have been improper. tom: bloomberg's joanna ossinger on the latest in a significant turn when it comes to the ftx saga. in an interview since the collapse, sam bankman-fried has admitted major managerial missteps but said that he never tried to commit fraud or break the law. francine: coming up, s&p for -- s.a.p. shares are higher after the outlook that came from oracle. that is up next and this is bloomberg. ♪ >> this with regard to sec

the attorney general in the bahamas, _ this? the attorney general in the bahamas, has— this?ttorney general in the bahamas, has issued - this? the attorney general in the bahamas, has issued a i the bahamas, has issued a statement a short while ago in which he talks about the arrest of sam bankman—fried, he says it follows receipt of formal notification as puts it from the united states, that it, the us has filed criminal charges against sam bankman—fried and is likely to request his extradition, the statement goes on to say as a result of the notification received on the us and the material prior bided there whether it was deemed appropriate for the attorney general to seek his arrest. now this is a sealed indictment on prosecutors in new york, the details of which have not been made publicly available, it was expected that would happen when sam bankman—fried appears before a magistrate �*s court in the bahamas and the capital there on tuesday. i can tell you the new york times as putting the charges against him include, wire fraud, wire fraud conspiracy, securities fraud, s

our top stories: police in the bahamas arrest the former head of the collapsed cryptocurrency exchangeftx, at the request of the united states. more than 30 years after the lockerbie disaster, the accused bomb—maker is charged at a court in washington. the european parliament's president says the institution and european democracy is under attack, following a corruption scandal. and could we be one step closer to abundant clean energy? reports of a major breakthrough in nuclearfusion. police in the bahamas have arrested the former ceo of the cryptocurrency exchange ftx, sam bankman—fried. he's also known as �*sbf�*. that's after the bahamas received formal notification from the united states of criminal charges against him in connection with the collapse of ftx in november. it's now likely the united states will request his extradition. our correspondent david willis has been following these developments from los angeles. the attorney general in the bahamas, a man called ryan pinder, has issued a statement a short while ago in which he talks about the arrest of sam bankman—fried, and h

send bankman-fried has been arrested in the bahamas and we got that confirmation from the bahamas attorneyhe put out a statement saying he been arrested, following notification from the u.s. and had filed criminal charges against him. the u.s. is also likely to request his extradition. as a result of the notification, the material probably within it, that's provided within it, in the statement from the attorney general we also had a quote from the bahamas prime minister and he said the bahamas and the u.s. have a shared interest in holding accountable all individuals associated who could've betrayed the public trust and also broken the law. haidi: so where are we in the u.s. investigation? annabelle: the southern district of new york has put out a tweet on this and essentially what we are hearing is that the arrest was made at the request of the u.s. government and it was based on a sealed indictment that was filed by the southern district new york prosecutors. we know this team has a reputation for speed, heading investigations into very complex financial crimes. scope of that investigati

court in the bahamas later this tuesday as well.ew is exactly what happened and how many investors have lost quite a lot of money because of this collapse? well, traders in _ because of this collapse? well, traders in this _ because of this collapse? well, traders in this crypto _ because of this collapse? well, traders in this crypto currency l traders in this crypto currency pulled about billion dollars from ftx, the platform, over the course of about three days. that was after they were reports that mr bankman—fried moved $10 billion of ftx customer funds to that other company of his. at least $1 billion of customer funds are said to have vanished as well so there are a lot of people with questions about what happened to their money and we were expecting to get some answers to those questions when mr bankman—fried gave testimony to a congressional committee on tuesday. well, now that will not be happening because he is in custody. not be happening because he is in custody-— in custody. indeed, david willis, thank _ in custody. in

sam bankman-fried hasn't been convicted in the bahamas yet or charged in the bahamas the prosecutors had to provide an arrest warrant and provide information to the bahamas that sam bankman-fried committed a crime. the attorney general in the bahamas said last night that once a formal request for extradition is made by the u.s., they have every intention of promptly moving the process along. that extradition process when everyone is in agreement doesn't move quickly i spoke with a former federal prosecutor who says this can take weeks to complete and in part because we don't know if sbf will fight extradition the justice department would not have charged this case unless they were confident they could extradite him. thing are moving along here. >> all right he will eventually get to the united states soil they have deals to make out. whatever it may be once he is back in the united states, kenzie, how soon could we look at a trial are there other legal blowbacks? what about one caroline ellison? the runner of the hedge fund she is not out of the woods? >> to your first point, ex extr

it's all happening in delaware, but we have had pushback from the bahamas. they challenged what john wray said earlier when he was testifying they do seem to want some sort of oversight, including like you mentioned, real estate clawbacks and they have said we're cooperating on the arrest, but they want some ownership over this he may have very well violated laws in the bahamas as well, so you have dueling jukz jurisdicts that makes it much more complicated and legal experts, you talk about analogies or a madoff or theranos situation or enron, that those are complicated, but they don't have the cross border aspect. they don't have the cryptocurrency aspect, so that muddies the water a little bit in terms of unwinding all this, the fact it's not only in the bahamas, it's antigua, and 130 or so affiliated entities, all over the world, europe, africa, you name it, this company had tentacles in every jurisdiction you can think of >> what did you make of his strategy to use this media apology tour to garner public support or forgiveness, and what do you think is

as you say, rest in the bahamas at just 2a hours as you say, rest in the bahamas atjust 2a hours beforethey 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 correctional facility in the bahamas until february the eighth, he would initially be held in the medical department of the facility and still outstanding is the issue of extradition united states. argentina have reached the final of the world cup in qatar after beating croatia 3—0. lione

thank you for joining us from the bahamas. coming up, pushing ahead to next year with some fairly solid corporate numbers. we will get a take from the senior equity market strategist next. this is bloomberg ♪ ♪. from one company committed to building a world that works, to three that will focus on a future that does too. this is ge healthcare, creating a world where healthcare has no limits. this is ge vernova, helping generate and move the energy that our world needs. this is ge aerospace, advancing flight for future generations. this is the next generation of ge. >> the lesson of 2022 was stagflation, bad for all financial assets even monitor these started to catch the knife for a little bit here toward the end of the year. as we move off the stagflation narrative, it does more favorably first up inflation is incredibly difficult to forecast but it seems like all indicators point to lower inflation in 2023. i think the tail risk we were experiencing in 20 gets chopped off next year and i think that matters a lot. alix: those

you know, in this case they are going to first have to extradite him from the bahamas.be an easy process but it's never super simple to get people from other countries but obviously it's a friendly government to the united states. once they get him to the southern district of new york, he 8 be arraigned. very interesting when they release this indictment as to how much information they have. this has been a flurry since november but at the same time, investigations like this complicated financial schemes take a long time to prove. i will be very interested if this perfunctory indictment on a few charges or if this gets into the real scheme of where the billions of dollars ultimately wept. but, you know, this is going to be something that, you know, rivals bernie sanders madoff and other big scams of our times. >> carley: yeah, the "new york times" reporting charges could include wire fraud, securities fraud and money laundering. just give it your best guess at this point, i guess. what do you think his future looks like and do you think that the people who invested some

bahama authorities announced the arrest last night. he has a multi-million dollar estate in the bahamas and has been hiding out since ftx collapsed. phillip davis, the prime minister there said the bahamas and the united states have a shared interest in holding accountable all individuals associated with ftx who may have betrayed the public trust and broken the law. lee zeldin furious that bankman-fried was arrested not that he was arrested for those crimes but that his congressional testimony will likely be severely delayed given these charges. zeldin said last night in a statement tomorrow sam bankman-fried was scheduled to testify in front of the house financial services committee. house republicans were ready to grill him six ways to sunday. now breaking tonight sbf was arrested. why not allow him to testify tomorrow and answer our many questions under oath? on twitter bankman-fried previewed his testimony saying they won't get a lot of answers they're looking for. ftx and related investment firm fell apart a month ago after a run

she's a disability inclusion consultant based in nasa, in the bahamas. so much to discuss here anna, let's start with the basic, obvious and important question. why are people with disabilities disproportionately affected in the 1st place? that's a great question. so what happens is that when planning for disasters, disaster planners often don't include disabled people in the spectrum of those who are going to be affected. able isn't positions are needs as too far outside the norm to be planned for. so you have this idea that disabled people are expected losses that were just not going to make it that were not even worth planning for. and that's a self fulfilling prophecy. and that's why we see what we do with disabled people dying and being injured far more frequently. aaron, does that resonate? i see you nodding your head. who and this statement alone just gave me chills because that is the absolute reality. and that's actually how we feel when we hear about the preparedness though recovery and the relief strategies that does not include our communitie

the bahamas attorney general says he'll be held until a formal extradition request is made. earlier. the u. s. senate banking committee and bank min freight refused to testify about his company law. how his company last billions of dollars of cline's money. allen, fisher reports from washington dc. the rest happened on monday, the authorities and the bahamas, acting on a request from the attorney general, the southern district of new york. that tends to be the entity that leads the prosecution of financial crimes in the united states because it covers manhattan and the financial district there. that shouldn't be a problem with extradition. normally, between the 2 countries. if something is a crime in one country and in the other, they tend to go through automatically. we should get more details of exactly what's in the indictment later on tuesday. no, sam, bakeman fried was the head of the f. t x crypto currency and it collapsed last month, leaving about a 1000000 investors unable to access their deposits in the exchange. and we're talking about people who have lost millions

he's now appeared in court in the bahamas. his lawyer wanted him released on bail.e has been sent to that correctional facility in the bahamas until february the 8th. he will initially be held in the medical department of that facility and still outstanding is the issue of extradition to the united states stopped by to you very much for that update. you're watching newsday on the bbc. still to come on the programme... argentina is due to the world cup final. it goes from line all messy and alvarez crushed croatia's up so that 3-0 and alvarez crushed croatia's up so that 3—0 when in qatar. saddam hussein is finished, because he killed our people, our women, our children. the signatures took only a few minutes but they brought a formal end to three and a half years of conflict, which has claimed more than 200,000 lives. before an audience of world leaders, the presidents of bosnia, serbia and croatia put their names to the peace agreement. the romanian border- was sealed and silent today. romania has cut itself off - from the outside world to prevent the details of th

now still in the bahamas.s charged with fraud with money laundering and a bahamian prosecutor says if he denies the extradition plan, that when he gets here, they're saying the judge should deny him his bail. this as his arrest yesterday got him out of testifying on capitol hill. he was expecte

haidi: a judge in the bahamas has denied bail.get more from our correspondent, we are all waiting for the extradition hearing. what do we know ahead of what is likely to play out? >> we heard over the course of five hours here at the chief magistrate, they heard from both the defense for the united states and the lawyers who are defending bankman-fried and many of the was around whether he served as a flight risk. there were a series of points where extradition was discussed but it was not until the judge's ruling was that his request for bail was denied and we understood that extradition is likely in early february. bankman-fried did not waive his right to have extradition hearing earlier in the case and that seemed to be a suggestion he is willing to fight once the case is heard. shery: what is the timeline from here? what can bankman-fried expect if he is extradited to the u.s.? >> there were a number of hearings including on capitol hill as well as the unsealed documents in the u.s. that may suggest that there are a number of

custody before boarding a plane in the bahamas. it landed in westchester.ces an eight count indictment in the u.s. that could see him jailed for dozens of years. two of his top associates have pleaded guilty and are cooperating with u.s. prosecutors. >> the southern district of new york has filed charges against the former ceo, and gary wong, in connection with what contributed to the collapse. both have guilty and they are cooperating with the southern district of new york. >> failure to regulate crypto might trigger the next financial crisis. he said a main concern is crypto's lack of inherent value and is speculative. he urged the adoption of nd-ruby. the wto has ruled in favor of hong kong in a dispute over the u.s.. three experts agreed that the u.s. violated trade rules barbara wiring hong kong products to be made in china. the u.s. strongly rejects the rolling and does not intend to remove the marking requirement. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countri

he was going in and out of bahamas.on bought parents 16 million-dollar luxury home in the bahamas. the parents are involved in effective altruism. this is stealing investor money to make yourself look like you're the good guys. >> right, and again he needs to be held accountable for that. again i think the, this sort of woke capitalism that all of sudden permeated this country, especially when financial services regulators, securities regulators, used their powers to punish people, penalize people, investors companies, who invest in certain sectors or industries, because those satisfy the woke agenda, that is really dangerous thing. when you start, a free market economy where a government is stepping on the scales, essentially influencing a lot of market decisions you will end up with really bad outcomes. this is example of that. elizabeth: this is stealing investor money for those political purposes, right? >> yeah. >> this is a flat-out case of how bad woke capitalism is. this is not telling investors maybe their 401(

if t x has been arrested in the bahamas, u. s. officials have filed criminal charges against sam bank mon freight. he's refused to testify in congress about how his company lost billions of dollars of climes, money, and delays. 7 people have now been killed during protest. seeing peru demonstrations began last week when former president pedro castillo, was impeached and arrested. his success at dina want j says she will ask congress to coal early election. the bowden administration is hoping to rekindle america's relationship with africa during the 2nd u. s. africa latest summit, which begins on tuesday. the u. s. hopes to court african nations while sidestepping china, which is rapidly expanding its footprint across the continent. mohammed and june has more some chance back. when american president, barack obama hosted african leaders at the 1st us africa summit in 2014, many believed it was a great chance for the united states to strengthen its trade ties with the continent and reaffirm political commitments. but in the end,

the authorities in the bahamas were presented with an indictment this afternoon. that led to the arrest of sam bankman-fried an hour or so later and the prime minister of the bahamas said in the last hour that they are still continuing their investigation. ftx was a big cryptocurrency dealership. it collapsed just last month. there were many questions about why it had collapsed. there were suggestions that sam bankman-fried had a backdoor entry into the system so he could change figures away from regulators eyes. there was a suggestion money from investors with being used to fund a hedge fund and not lost money and therefore left investors short. there is also a suggestion that there is at least a billion dollars missing. at its peak, ftx was valued at $30 billion and thousands and thousands of people who invested in cryptocurrency believing it was the next big thing. when it collapsed and announced it was going into bankruptcy last month, you can imagine the earthquakes it caused in the financial community. but particularly the crypto community and that led to a

noun custody in the bahamas, t u.s.uses him of, and their words, building a house of cards on a foundation of deception. in multiple interviews with the bbc, he admitted to mismanaging ftx. >> were you incompetent or were you fraudulent? >> i don't think i committed fraud. i didn't want any of this happen , i was certainly not nearly as confident as i thought i was. >> ftx was the second-largest crypto exchange in the world that allowed people to exchange their normal money,ounds or dollars into bitcoin or any of the many other digital coins. $1llion was traded for ftx eryday. but ftx had a sister company, also owned by mr. bankman-fried, a hedge fund called alameda research. this companies both simultaneously collapsed when it was revealed that the finances were unstable. u.s. securities and exchange commission has charged him with multiple financial crimes, including fraudulently using ftx money to keep alameda research of flow. the 30-year-old entrepreneur promised to build a silicone valley of crypto, attracted by f

the founder of the collapse crypto currency company, f t. x is arrested in the bahamas. ah, hello, i'm emily angry. this is al jazeera live from dough house are coming up. at least 7 people are killed and dozens injured in demonstrations across peru. the u. s. hosts in african latest summit as it looks to counter russian and chinese influence on the continent. and woke up favorites. argentina prepared to face croatia in the semi finals will have all the action out of kata. ah, welcome to the program. we begin with the founder of the collapsed crypto currency company, f t x, who's been arrested in the bahamas, sam bank mon freight was taken into custody after the u. s. filed criminal charges against him. the attorney general says he'll be held until a formal extradition request is made. earlier. the u. s. senate banking committee said bank min fried, refuse to testify about how his company lost a billions of dollars of climes money. alan fisher has the latest developments from washington dc. there, as happened on monday, the authorities in the bahamas, acting on a request

and bankman-fried is in the bahamas.e'll wait to see how soon he appears in a court in new york. >> you've been following the hearing, the court is in a break, what has happened so far? >> victor, the court is in recess until 2:00. a bit -- 15 minutes after 2:00. that's when we're told a judge here in nassau could decide whether sbf is given a bond, pending extradition back to the u.s. the magistrate here in the bahamas said she expressed reservation about whether or not and allow sbf to post bond, in large part, because she said in her experience on the bench, she's had a number of individual folks who left the bahamas after posting bond, no matter the amount. the 30-year-old has been in court for much of the day. he's been sitting in the front row of this courtroom behind me, really showing no emotions throughout this hearing, either staring at the floor and occasionally looking over at his defense attorneys. earlier in the day, he was asked if he would waive he right to extradition. he said he was not going to do so.

patrick ottoman is live in the bahamas this morning. good morning to you.ting to learn at this court appearance today? >> reporter: good morning. the court is right behind me. within hours we expect sam bankman-fried to come here and give up his fight to stay in the bahamas to, essentially, fight the u.s.'s efforts to extradite him to face those charges. charges that could lead to up to 100 years in jail if he were to be convicted. what prosecutors are calling one of the largest frauds in history. sam bankman-fried said he committed many mistakes and apparently wasn't on top of his business operations and that's what led to more than a billion dollars being misallocated or misappropriated. when he was brought here by authorities from a prison in nassau, he's expected, according to people close to his case, to say he will leave the bahamas, he's ready to go to the u.s. to face the charges. within hours after that, he could be taken by u.s. marshals on a private plane, to the u.s. to new york where we assume he would be charged and then perhaps in the coming

life and also coming in the founder of the collapse crypto currency from f t. x is arrested and the bahamas, libyan man, accused of making the bomb that blew off a passenger planner of scotland has his 1st court hearing in the u. s. and afghanistan struggle to sell the wealth, most expensive spice. ah, now at least 5 people have been killed on a dozen injured in violent protests and peru. the appointment of diana bermonte is the new president, and i promised as to call for ali elections, have not appeased angry protestors. they want us to lead a pedro castillo reinstated. marianna sanchez reports from lima. nearly 2000 protesters of a run, the air coating. nikita good 2nd largest city. they blocked axes and clashed with police main. highways in several regions, remained blocked. it is political. turmoil is growing with people protesting in large and small cities in the centre, south and north of the country. for some, the demonstrations have turned deadly. the family of 17 year old becoming ramayo crispy is devastated by his death. and my mother is very hurt because he has been killed like

after being extradited from the bahamas. who else from his inner circle just pleaded guilty. >>> good morning, i'm wendy gillette in for anne-marie green. we begin with what the national weather service says is a once in a generation storm. forecasters are calling for blizzard conditions, heavy snow, and rain and potentially life-threatening windchills as the storm moves across the country. close to 200 million people are under some sort of winter weather alert. there are also hard freeze warnings and watches throughout the south. as kris van cleave reports, it could create a holiday travel mess. >> reporter: ticking down on the bomb cyclone targeting christmas travel for millions. are you ready for the storm that's coming? >> no. >> i don't think -- i don't think we're ready. >> reporter: airlines are poised to cancel thousands of flights as the storm is expected to pummel the midwest with snow and then a polar plunge in temperature before heading east. >> i have faith that it's going to work out on thursday morning. >> rep

well, he was arrested on monday in the bahamas and faces several fraud charges in the u. s. they include using company funds as his personal piggyback. april at his, on the reports from new york global. he was the face of crypto currency sam bank, min fried a 30 year old rising business star, who became so famous. he was known simply as s p f. viewing his start, him was f t x, the wealthy crypto trading firm he founded. but last month that firm came crashing down. and on tuesday was the federal court, new york, when he charged bank, been fried with 8 counts, including fraud and money laundering. hours after more charges were filed from the securities and exchange commission. he prayed on his customers, the victims of this case, abusing the trust, placed not only in his company, but in himself as the lead of that company. on monday he was arrested in the bahamas where he'd been living, he's expected to be extradited to the us. just weeks earlier, f t x filed for bankruptcy with millions of his customers, unable to access their money extra as a place where millions of people i

he has been arrested in the bahamas. >> good.een watching this media tour this guy has been on. billions of dollars disappear. and he is giving interviews from the bahamas like he is having a great time and saying well maybe i will show up for congressional hearings. maybe not. i'm worried about the paparazzi. i'm super heavily scheduled and seems like a farce. seems like this person at the very least needs to answer very serious questions. i'm not an expert on our extradition policy and our treaty with the bahamas. maybe trey gowdy knows as a former prosecutor. but, very least, bring this guy in, ask him tough questions. it seems like things might get a lot uglier for him and a lot of americans would say it's about time. >> bret: trey? >> well, if you are going to get arrested, the bahamas would be a good place, i would think, for that to happen. he is not answering anybody's questions. i kind of could tell when thinks father -- i think his father is a stanford law photographer when he resigned, that was some indication hey, i t

jail look like. >> i don't think he will stay in the bahamas.e will be extradited. >> jesse: how do you think mini will do in jail in the united states. >> that will be very interesting. maybe better than epstein. last time i was here. i was critical of mini madoff as a name for some reason. but i promise you i would come back with some alternatives. >> jesse: okay. quickly. >> which i have. i think the win we're crowd scattered showers scam bang run fraud. >> jesse: i think he will have another nickname in prison but that's just me. >> tell me after. >> jesse: thank you so much, lid i can't. when you get yourself in trouble. the smartest thing to do is lay low. get out of town, don't talk to anybody and wait for things to blow over. >> i tell the guys listen, i don't mind paying for the tail pipe but that [bleep] muffler is still under warrant. >> all set? >> yeah. >> nice talking to you. enjoy miami. [laughter] >> what the [bleep] is wrong with you. >> what? >> you tell somebody your life story? you are supposed to be laying low. >> laying low

i you asked hort after his arrest in the bahamas. this is d w visits. i'm janelle delilah, unwelcome european union energy ministers failed a yet again to strike a deal on a block wide cap on gas prices tuesday night to the for countries like belgium, italy and poland are demanding the measure which they say would shield their citizens and economies from high energy prices, but that's put them at odds with germany and the netherlands. who worry that gas supply will simply bypass europe and go to buyers prepared to pay more. the ministers hope to be able to reach a deal at their next meeting on december 19th. carol nacley is the ceo of crystal energy. welcome carol, can you tell us why it's so hard for you? energy ministers to agree on this gas price cap? hello, i mean the price scab on natural gas within the u has been quite a sony issue where governments are not a lie and in their view is for different reasons, including their dependence on natural gas, the importance of natural gas in the economy, their overall attitude towards government intervening

from the pinnacle to the pit, sam, bagman fried the disgrace crypto tycoon, was arrested in the bahamas at the request of the united states seeking to charge him off to the spectacular collapse of his crypto currency platform. f t x. the 20 year old crypto celebrity became an object of attention last month, as he suddenly filed for bankruptcy as f t. x suffered the liquidity crunch. the company left more than a 1000000 clients unable to access the funds. the liquidity crunch was caused by a f t x users pulling $6000000000.00 from the platform in 3 days. and it came after back my freed secret, the mo, $10000000000.00 worth of f t x customer funds to another. one of his company is called alameda research to digital backdoor. at least 1000000000 of debt has reportedly vanished completely. finally, on november 11th f t x filed for bankruptcy protection and back me free step down as chief executive, the united states security exchange commission has charged bank meant freed, orchestrating a scheme to defraud investors bank. when fruit has previously apologize to customers, but said he doesn'

and what role the bahamas may have in.ut a lot of these charges to go with what people have been looking at in terms of the relationship between ftx and alameda and what may have been done with consumer funds. there is a lot of drama here and likely more to come. dani: in terms of the overall crypto universe, it seems like we are not totally done worrying about contagion risk. finance is on the defense trying to reassure investors. >> definitely. ftx brought out the questions of if they can fail, who else could. and binance is far bigger. but there have been some concerns here and there because they have had a lot of outflows recently and so that became a focus in the past couple of days. the ceo has sought to reassure everyone and say this is fine. he told staff in a memo recently but it was going to be a bumpy ride. this could be a tough time overall in the crypto universe. binance is saying they can handle whatever is coming with the volatility in the crypto world right now. dani: thank you very much, joanna. so much vo

sam bankman-fried waiving his rights to be extradited from the bahamas. >>> and medical suppliers and hospitals stretched to the limit in china >>> and y later it is merger monday this is monday, december 19th, 2022 you are watching "worldwide exchange" on cnbc. >>> good morning i'm contessa brewer in for brian sullivan this morning. let's kickoff this hour with the stock futures after a mostly lower session on friday. the major averages post the first back-to-back losing week since september. futures are green across the board. s&p indicated to open up 8 points and dow jones industrial average for 63 implied open higher nasdaq implied higher 28 points. the ten-year yield is well off the highs that it hit back in october. right now the two-year note up 2% in energy, oil coming off the worst day since december 7th wti up .80%. brent up .80%. and in cryptocurrency, sam bankman-fried and bitcoin flat right now, but in the red. >>> let's get a check on action in asia and the early trade in europe arabile gumede is standing by in the london newsroom. arabile. >> contessa, good morning to y

t. x has been arrested in the bahamas. sam banquet fried was taken into custody after the u. s. fog criminal charges against him. alan fisher joins us live now from washington. d. c. c l a. what more we hearing about this? well, we'll get to know more when we think the indictment against them will be unsealed in the morning. this has been driven by the southern district of new york who tend to investigate financial crimes in the united states as the authorities and the bahamas were presented with an indictment this afternoon that led to the arrest of sam bagman fried just an hour or so later and the, the prime minister of the bahamas has said in the last though, that they are also still continuing their investigation. you remember the f t x was a big crypto cotton c dealership. it collapsed just last month. there were many questions about exactly why it had collapsed. there were suggestions that sam bagman freed had a back door entry into the accounting system so he could change figures away from the the regulators eyes. there was a suggestion that money from investors was be

but in the u.s., sam bankman-fried is -- interviews across the bahamas, residents say that his crimesble to the gang violence and expressed fears of economic fallout if crypto investors don't return. tyrus, what do you make of this? >> tyrus: i'm not making any of it. i would wadded up and throw it in the trash can. this dude is going to go to jail. but he has that golden carriage. people don't believe that he doesn't have one appearance of people in his position, even the smartest of people will dumb down to get a piece of it. so many people are connected. he gave free money to just about anybody, anywhere so he will have a lot of allies. they also want to know what he's going to say. of course, this guy just needs to shut up. if his lawyer had any sense, stop doing movie deals. the good news is for everyone he hurt, every time he talks he digs a deeper hole. of course, they will miss him because he spends a lot of money there. he brought a lot of money and that the economy is based off tourism. when you have someone that spends approval frivolous, that is good. the bank accounts are

. >>> also tonight, the founder of crypto giant ftx arrested in the bahamas after the company's $32 billion collapse prosecutors alleging he's behind one of the largest financial frauds in american history. >>> u.s. inflation slowing for the fifth consecutive month. what it means for your money and holiday shopping. >>> the massive migrant surge at the border what's causing it, and why more people may arrive in the coming days. >>> the three-alarm inferno at an nypd evidence warehouse smoke rising into the sky. multiple firefighters injured. >>> the college football world stunned by the death of mississippi state's head coach, mike leach. >>> and the "today" exclusive -- jay leno, his first tv interview since a car fire left him with serious burns. >> announcer: this is nbc "nightly news" with lester holt. >>> good evening, everyone a massive storm dumping heavy and blowing snow on one end and spinning up destructive tornadoes and flash floods on the other tops our newscast tonight one weather system stretching from the snowy dakotas down through texas, arkansas, and oklahoma, which this mo

that is a rest and the bahamas. delegations of your law maker was brought a new law maker being bribed by guitar, all raising concerns about outside interference in how europe is run. this is due to be a business on robots in berlin. welcome to the program. it's collapse rocks, the crypto trading community. now the former boss, so trading platform f t x is facing criminal charges. sam bagman freed has denied knowingly committing fraud. now that claim could be tested in the us courts from the pinnacle to the pit. sam, bagman fried the disgrace crypto tyco was arrested in the bahamas at the request of the united states seeking to charge him off to the spectacular collapse of his crypto currency platform. f t x. the 20 year old crypto celebrity became an object of attention last month, as he suddenly filed for bankruptcy as if the ex suffered the liquidity crunch. the company left more than a 1000000 clients unable to access their funds. the liquidity crunch was caused by a f t x users pulling $6000000000.00 from the platform in 3 days. and it came after bank, my freed secretly mo, $10000

arrested in the bahamas. sam bankman-fried arrested in the bahamas. what's next for the former ceo. >>> lockerbie suspect in court. the suspect in the bombing of pan am flight 103 appeared in federal court. hear why he refused to answer questions. >>> well, good morning and good to be with you. i'm anne-marie green. millions of people across the rockies, the northern plains, and parts of the midwest are being warned this morning to prepare for dangerous blizzard-like conditions. heavy snow, freezing rain, powerful winds, and flooding are possible as the storm makes its way across the country. many parts of the south are bracing for severe weather as well including the chance of tornadoes. jarred hill is in new york with the very latest on all of this. jarred, good morning. >> good morning, anne-marie. we'r seeing officia c tg thiser riously. the department of public safety is calling it the we-are-not-kidding storm. >> when we opened the door, it was all snow. >> reporter: a winter storm has dumped snow across the sierra nevada is now making its way a

kumasi: him down to the bahamas. >> authorities took him i custody last night, the bahamas after prosecutorsrged him with fraud and security. leaving investors and customers with nothing. >> this is a whole new kind of scheme. they were looking at sam bankman-fried use of customer funds from ftx to satisfy orders from alameda research, which was the trading firm that he founded. >> this may be just the first of multiple charges to come. the fcc says there are multiple investigations and into other entities. . and individuals sam bankman-fried was set to testify before congress, but that has been canceled. reggie: today marks one month since the murder of four college students in idaho. so far, police have not named a suspect or a motive. they're being tightlipped about the investigation to protect the evidence they have. they're looking for whom might have been driving a white hyundai near the crime scene. >> we are not leaving any stone unturned. you can see for yourself, the vast amount of information, the ever-growing amounts of people speculating and rumors, hearing new things. we want t

normally the bahamas and the united states. if something is a crime in one country and also in the other, it happens almost automatically though you remember that some bakeman fried was the head of f t x a crypto cotton c exchange. but it collapsed last month, leaving about a 1000000 people and unable to access. busy their deposits, it was value to somewhere in the region of the $30000000000.00 at one point. and some bank been freed has been on a p. r drive over the last month, essentially portraying himself as someone who wasn't corrupt, didn't commit fraud, but was perhaps just inexperience than handling a company. but they're a big questions to be answered, such as was he able to access and change the financial details away from the eyes of the financial regulators. and very importantly, did he take money of from f t x and use it to help fund a hedge fund, which then last investors money. and where is a missing 1000000000 dollars? all of these questions so that he will have to answer at some point. but clearly at the, at the

f t. x is arrested and the bahamas, libyan man accused making the bomb the passenger plane over scotland has his fast court hearing in the us economy as covenant and elaine guerrillas complete the 1st round of negotiations next skirt. we'll have another round of talks in january. ah, not least 5 people have been killed and a dozen injured and violent protests and peru. the appointment of deena boulevard is the new president and her promises to call for early elections have not appeased angry protestors. they want us to lead pedro castillo to be reinstated marianna sanchez reports now from the capital lima. nearly 2000 protesters over run the air coating. nikita good 2nd largest city. they blocked axes and clashed with police main, highways and several regions remained blocked. but whose political turmoil is growing with people protesting in large and small cities in the centre, south, and north of the country. for some the demonstrations have turned deadly. the family of 17 year old dick, i'm to remind you of kiss. b is devastated by his death and my mother is very hurt because he has be