Former FTX CEO Sam Bankman-Fried, who was remanded to the notorious Fox Hill Prison in Nassau, Bahamas, pending an investigation into the collapse of his exchange, had a different experience than many other prisoners. According to the Financial Times, Bankman-Fried was held in the sickbay where he had access to a toilet, running water, a TV, local newspapers, crossword puzzles, and many other perks, including vegan food. Anonymous prison officials disclosed that the former CEO spent his days watching the news and reading articles about himself. SBF’s prison experience appears to have been very different from what many other prisoners endure in their overcrowded, poorly ventilated, rat-infested prison cells, where they are forced to sleep on the floor using makeshift cards. Unlike oth...
The World Trade Organisation has released a statement today where they have stated that Saudi Arabia was behind a pirate satellite TV and streaming service that illegally broadcast sporting events. Piracy is a serious concern and it remains to be seen how it affects the Premier League’s decision on the proposed Newcastle United takeover. The 125-page WTO decision has clearly pointed out that there is comprehensive evidence that the illegal beoutQ service was promoted and supported by the Saudi government. Although there was no reference of PIF or Newcastle United in their report, the latest report could have huge bearings on the takeover. The Financial Times editor, Murad Ahmed has tweeted: Breaking: The £300m Saudi Arabia-led takeover of Newcastle United football club faces new scrut...