Sam Bankman-Fried, the previous boss of the failed cryptocurrency change FTX, is flying again to the USA as early as Wednesday.
This was revealed by Doan Cleare, the performing commissioner of corrections for the Bahamas Division of Correctional Companies, in accordance with a brand new report by NBC Information.
- Bankman-Fried, who’s at the moment within the Fox Hill jail of the Bahamas, declined to waive his proper to problem extradition to the USA and signed the required paperwork for the method.
- Cleare didn’t reveal the rationale behind the transfer however famous that preventing the extradition might take years.
- In a press release to the Bahamanian newspaper, he mentioned that Bankman-Fried would favor to spend that point within the US than the Bahamas regardless of the island nation being residence to FTX since 2021.
- Jerone Roberts – the lawyer representing SBF – confirmed that the previous exec “voluntarily agreed to be voluntarily extradited to the USA of America.”
- Sure stories claimed that the FTX founder might be escorted by FBI brokers in a non-commercial plane.
- Bankman-Fried was arrested by Bahamian police on December twelfth and held on the infamous Fox Hill jail.
- The 30-year-old is accused of misappropriating billions of {dollars} deposited within the crypto change FTX that filed for Chapter 11 chapter safety final month.
- The day after his arrest, a Bahamian decide denied Bankman-Fried’s request for bail, calling the previous billionaire a flight danger.
- The exec is dealing with a litany of costs introduced by three separate authorities businesses – the Division of Justice (DOJ), the Securities and Alternate Fee (SEC), and the Commodity Futures Buying and selling Fee (CFTC).
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