SBF to return to U.S. immediately in hopes of receiving bail

1 year ago

FTX laminitis Sam Bankman-Fried should beryllium handed implicit to US authorities today, Dec. 21, arsenic reports surfaced that helium has agreed to the extradition. According to an affidavit, the erstwhile CEO of FTX consented to beryllium extradited partially successful the involvement of making his customers whole.

Jerone Roberts, SBF’s attorney, requested contiguous extradition which has been granted according to Bloomberg. He volition instrumentality to the U.S. “accompanied by FBI agents connected a non-commercial aircraft.” A video of SBF arriving astatine the courthouse successful the Bahamas accompanied by FBI officials was besides released by Bloomberg.

A idiosyncratic acquainted with the substance told Reuters that FBI and US Marshals Service officials arrived successful Nassau this morning. SBF waived his close to “formal extradition” proceedings according to CNN portion besides stating that helium is unclear arsenic to his authoritative code astatine this time. SBF reportedly has hopes that helium whitethorn beryllium granted bail erstwhile backmost connected U.S. soil

In a recent video from CoinBureau, it was estimated that SBF could beryllium looking astatine implicit 100 years successful situation if convicted connected each 8 charges filed by the Southern District of New York.

The Bahamas authorities arrested Bankman Fried connected Dec. 12 connected eight charges, including wire fraud, ligament fraud conspiracy, securities fraud, and securities fraud conspiracy. The FTX laminitis besides faces charges from the United States Department of Justice, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC).

The station SBF to instrumentality to U.S. instantly successful hopes of receiving bail appeared archetypal connected CryptoSlate.

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