FTX founder Bankman-Fried’s bail denial could increase chance of extradition

Wed, 2022-12-14 04:24

Washington: FTX founder Sam Bankman-Fried’s failure to be released on bail in the Bahamas on Tuesday raises the prospect that he will consent to extradition to the United States to face fraud charges, legal experts said.
A judge ordered Bankman-Fried to be held at the Bahamas Corrections Department until at least February 8, after New York federal prosecutors unsealed charges against her over the collapse of her once-high-flying crypto exchange. Citing his “great” risk. , ftx.

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