Things are accelerating for Sam Bankman-Fried, the former CEO of FTX, who is expected to appear in court in New York soon. Indeed, the latter finally signed the documents necessary for his extradition to the United States against all odds and above all, against the advice of his own lawyers.
Sam Bankman-Fried soon in the United States?
According to information revealed by ABC News, Sam Bankman-Friedthe former CEO of bankrupt cryptocurrency exchange FTX, has signed the documents necessary for his extradition to the United States.
Thus, after having been denied his request for release on bail on multiple occasions, Sam Bankman-Fried should be on a plane today in order to appear in court in the United States and answer for the various crimes of which he is accused.
According to available information, Sam Bankman-Fried is due to appear in court in the Bahamas one last time today before taking off. SBF is now one week imprisonment in Fox Hill prisonknown for its particularly difficult living conditions.
According to Jerone Roberts, the lawyer of Sam Bankman-Fried, the ex-CEO of FTX would have made his decision despite “the strongest possible legal advice” urging him to stay in the Bahamas. It also indicates:
“Mr. Bankman-Fried wants to resolve the clients’ situation, and that is what motivated his decision. »
During his extradition, he will be directly taken care of by a plane of the American government. For the future, his case should be dealt with first by a federal court in the Southern District of New York.
As a reminder, Sam Bankman-Fried currently faces 8 charges and faces a maximum sentence of 115 years in prison if found guilty of these. Be that as it may, given the elements revealed by the new management of the exchange, the defense of SBF will most likely be difficult for its lawyers to provide.
👉 Read also – Democrats set to return part of Sam Bankman-Fried’s donations
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Source: ABC News
Image source: FTX Bankruptcy, common creative license
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make the blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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