Sam Bankman-Fried Being Extradited To US on Conditions for Bail By CoinEdition
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© Reuters. Sam Bankman-Fried Being Extradited To US on Conditions for Bail- Sam Bankman-Fried is to be extradited to a US court in Manhattan from the Bahamas.
- The entrepreneur faces charges like wire fraud, money laundering, etc, in a U.S. court.
- Prosecutors will argue to keep the alleged under custody on the account of flight risk.
FTX founder Sam Bankman-Fried reportedly agreed to be extradited to the U.S. on Monday after a court appearance in the Bahamas. As of today, he has been indicted in Manhattan federal court. The alleged founder’s request to remain at home while awaiting a hearing on his extradition was denied by Chief Magistrate JoyAnn Ferguson-Pratt and consequently confined Bankman-Fried in a Bahamanian prison.
BREAKING: @SBF_FTX has agreed to be extradited to the US and will be arriving either tonight or tomorrow. Two sources have informed @FoxNews he’s expected to be released on bail per pre-conditions his lawyer made with SDNY prosecutors in exchange for agreeing to extradit …
The post Sam Bankman-Fried Being Extradited To US on Conditions for Bail appeared first on Coin Edition.
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© Reuters. Sam Bankman-Fried Being Extradited To US on Conditions for Bail- Sam Bankman-Fried is to be extradited to a US court in Manhattan from the Bahamas.
- The entrepreneur faces charges like wire fraud, money laundering, etc, in a U.S. court.
- Prosecutors will argue to keep the alleged under custody on the account of flight risk.
FTX founder Sam Bankman-Fried reportedly agreed to be extradited to the U.S. on Monday after a court appearance in the Bahamas. As of today, he has been indicted in Manhattan federal court. The alleged founder’s request to remain at home while awaiting a hearing on his extradition was denied by Chief Magistrate JoyAnn Ferguson-Pratt and consequently confined Bankman-Fried in a Bahamanian prison.
BREAKING: @SBF_FTX has agreed to be extradited to the US and will be arriving either tonight or tomorrow. Two sources have informed @FoxNews he’s expected to be released on bail per pre-conditions his lawyer made with SDNY prosecutors in exchange for agreeing to extradit …
The post Sam Bankman-Fried Being Extradited To US on Conditions for Bail appeared first on Coin Edition.
See original on CoinEdition
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