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Browse: Home / 2022 / December / 14 / FTX Founder Bankman-Fried’s Arrest Sets Up Possible Extradition Fight – Bloomberg

FTX Founder Bankman-Fried’s Arrest Sets Up Possible Extradition Fight – Bloomberg

By Securities Docket on December 14, 2022, 8:12 am

At his press conference on charges against Bahamas-based FTX founder Sam Bankman-Fried, Manhattan US Attorney Damian Williams said the case shows “you can commit fraud in shorts and t-shirts in the sun.”

But Williams didn’t address how US authorities plan to get Bankman-Fried back from his tropical locale to face the eight-count indictment unsealed against him Tuesday in New York federal court.

In his first appearance since his arrest Monday evening, Bankman-Fried told a Bahamian judge at an arraignment Tuesday that he wouldn’t waive his right to an extradition hearing. A defense lawyer said Bankman-Fried planned to fight being sent to the US.

Source: FTX Founder Bankman-Fried’s Arrest Sets Up Possible Extradition Fight – Bloomberg

Posted in Criminal, Top | Tagged Extradition, FTX

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