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HomeMarket UpdatesSBF indicators US extradition papers, anticipated within the US on Wednesday

SBF indicators US extradition papers, anticipated within the US on Wednesday


  • Sam Bankman-Fried (SBF) is presently remanded in Fox Hill jail within the Bahamas.
  • After signing the extradition papers, a listening to is ready for Wednesday.
  • Authorities are anticipated to fly SBF to the US instantly after the Wednesday listening to.

Founder and former FTX CEO, Sam Bankman-Fried, has lastly accepted extradition to the US. In accordance with experiences from ABC Information, SBF, who’s presently held in Fox Hill Jail within the Bahamas has signed extradition papers.

Though it isn’t clear why SBF agreed to the extradition, there are experiences that he could be looking for bail within the US after a Bahamas choose refused to grant him bail citing flight threat.

 The extradition listening to is ready for Wednesday in Nassau and the event has already been confirmed by Bahamas Appearing Commissioner of Corrections Doan Cleare. The commissioner mentioned that SBF will register a separate set of papers to finalize his waiver of rights in preventing the extradition.

Anticipated within the US on Wednesday

On Wednesday the Bahamas authorities are anticipated to escort SBF from Fox Hill Jail to courtroom after which the US authorities will take over after the listening to.

The Federal authorities expect to fly again Sam Bankman-Fried again to the US instantly after Wednesday’s listening to. As reported by Bloomberg, the disgraced FTX founder will probably be accompanied to the US from the Bahamas by FBI brokers in a non-commercial plane.

A supply conversant in the event mentioned that the airplane that’s anticipated to ferry SBF will depart from a non-public airport within the Bahamas.

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