Sam Bankman-Fried will be extradited to the U.S. Wednesday night

1 year ago

The Bahamas authorities has announced that erstwhile FTX CEO Sam Bankman-Fried volition question to the U.S. tonight, Dec. 21.

A papers from the Office of the Attorney General of the Bahamas confirmed Bankman-Fried’s departure from the land country. It added that the U.S. has requested a provisional apprehension warrant for Bankman-Fried “in anticipation of his extradition according to an extradition pact betwixt the 2 nations.”

The Bahamian authorities further noted that Bankman-Fried’s written consent to extradition satisfies its ineligible requirements adjacent without ceremonial extradition proceedings.

Over this week, Bankman-Fried and his ineligible squad person reversed their stance connected whether they would combat extradition to the United States.

Bankman-Fried and his ineligible squad dropped their fight against extradition connected Monday, Dec. 19. The erstwhile CEO signed extradition papers yesterday, Dec. 20, and contiguous extradition was granted earlier today. He volition effort to unafraid bail successful the U.S.; if that fails, helium volition apt beryllium held successful New York’s Metropolitan Detention Center, Brooklyn.

Bankman-Fried was initially arrested connected Dec. 12 pursuing the illness and bankruptcy of the FTX cryptocurrency exchange.

The station Sam Bankman-Fried volition beryllium extradited to the U.S. Wednesday night appeared archetypal connected CryptoSlate.

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