Sam Bankman-Fried Said to Agree to Extradition After Chaotic Hearing
Source: New York Times
Sam Bankman-Fried Said to Agree to Extradition After Chaotic Hearing
The disgraced FTX founder, who has been in a Bahamas prison for the past week, agreed to be sent to the United States, following a confusing day in court.
By Royston Jones Jr., David Yaffe-Bellany, Matthew Goldstein and Rob Copeland
Dec. 19, 2022
Updated 2:44 p.m. ET
The disgraced cryptocurrency mogul Sam Bankman-Fried has agreed to be extradited to the United States, one of his lawyers said on Monday, after a chaotic morning of legal maneuvering in which Mr. Bankman Fried was shunted back and forth between court and prison in the Bahamas.
Jerone Roberts, a local defense lawyer for Mr. Bankman-Fried, told reporters that his client had agreed to the extradition voluntarily, defying the strongest possible legal advice.
We as counsel will prepare the necessary documents to trigger the court, Mr. Roberts said. Mr. Bankman-Fried wishes to put the customers right, and that is what has driven his decision.
Following his arrest in the Bahamas last week, Mr. Bankman-Fried initially indicated that he would contest his extradition. But he changed his mind, a person briefed on the matter said over the weekend, and was prepared to return to the United States to be arraigned on a criminal indictment.
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Read more: https://www.nytimes.com/2022/12/19/business/sam-bankman-fried-extradition.html
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