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America December 19, 2022 2 mins read

Sam Bankman-Fried Sent Back to Bahamas Jail After a Chaotic Day in the Courtroom

America ı By Rochdi Rais

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Sam Bankman-Fried trial

FTX’s disgraced founder Sam Bankman-Fried was sent back to a Bahamas jail Monday after a reported plan for him to waive his extradition to the U.S. was halted.

Reports over the weekend showed that Bankman-Fried would agree to the extradition, but the former crypto star told a different story Monday, demanding to see a copy of his federal indictment before consenting to return to the U.S. He will return to Fox Hill jail rather than surrendering himself to U.S. custody.

Bankman-Fried’s legal team said that they would fight extradition last week. CNBC and several other outlets reported that Bankman-Fried had changed his mind and would instead submit himself for extradition on Monday.

SBF’s Bahamian defense attorney told the court that he was “shocked” that Bankman-Fried was in court.

“I did not request him to be here this morning,” the attorney said. Franklyn Williams KC, the Bahamian prosecutor, said that he “understood that [Bankman-Fried] intended to waive extradition,” according to an NBC News producer present in the courtroom.

The FTX founder arrived at Bahamian court in a convoy of police vehicles, heavily guarded, just after 10 A.M. Eastern Time.

The move comes just days after he was remanded to the medical team of Bahamas’ notorious Fox Hill prison.

The State Department in a 2020 report called the conditions at Fox Hill Prison “harsh,” citing “overcrowding, poor nutrition, inadequate sanitation, poor ventilation, and inadequate medical care.”

 

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Rochdi Rais

Rochdi Rais is the Fractional Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

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