FTX Cryptocurrency Platform Founder Sam Bankman-Fried Detained in Bahamas Voluntarily Agrees to Extradition to USwhere he is charged with eight counts by the United States Attorney’s Office for the Southern District of New York.
Bankman-Fried’s attorney, Jerone Roberts, confirmed to reporters that his legal team is preparing “the necessary legal documents” for his client’s departure for the United States. These statements come after a chaotic and confusing hearing in the Bahamas court where Bankman-Fried appeared hours earlier with his possible extradition initially unresolved.
Roberts later told Judge Shaka Serville he was surprised to see his client in court because a formal extradition request had not yet been filed. He also complained to the judge that the proceedings were conducted “prematurely” and without her participation.
Bankman-Fried has been in jail in the Bahamas since Tuesday after being denied bail on grounds of a flight risk. The FTX founder is charged with eight felonies, including wire fraud, money laundering and violating political campaign finance laws by the United States Attorney’s Office for the Southern District of New York.