To Get Extradited or Not
Sam Bankman-Fried, Former CEO of bankrupt FTX, is expected to arrive at the hearing in Bahamas court on December 19, while reconsidering his previous choice to challenge his extradition to the United States.
On December 12, 2022, SBF was arrested by the Royal Bahamas Police Force at the request of the U.S. government. As reported by CNN, he had been indicted on eight criminal charges, according to the U.S. Attorney of the Southern District of New York (SDNY). As per congressional statutory maximum sentencing guidelines, he may get jailed for 115 years if convicted. Chief Magistrate of the Bahamas, Joyann Ferguson-Pratt, rejected his bail.
According to The Washington Post, the 30-year-old is accused by the Justice Department for violating campaign finance laws, conspiracy, fraud, money laundering and more. However, the U.S. Securities and Exchange Commission (SEC) had claimed that he defrauded FTX investors. Whereas, Commodity Future Trading Commission (CFTC) ha
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