BREAKING: SBF In United States Custody

December 21, 2022 7:25 pm Comments

Disgraced founder of FTX Sam Bankman-Fried is now in United States custody.

SBF arrived Wednesday night in New York just hours after Bahamas AG Ryan Pinder announced SBF’s extradition.

Bankman-Fried’s extradition was made possible after the Foreign Minister of the Bahamas signed a warrant of surrender approving  his extradition to the United States,

Many users on Twitter believe SNF will either be released on bail or end up “Epsteined”.

Hours before his arrival to the US, CNN dropped this piece:

Sam Bankman-Fried will be extradited to the United States Wednesday night, Bahamas Attorney General Sen. Ryan Pinder confirmed.

Bankman-Fried will be extradited after the Foreign Minister of the Bahamas signed a warrant of surrender allowing his extradition to the United States, the Ministry of Foreign Affairs in the Bahamas confirmed in a statement.

Earlier, lawyers for Bankman-Fried were negotiating with federal prosecutors in New York on a bail arrangement that would enable him to avoid detention, people familiar with the matter told CNN.

FTX crypto exchange founder Bankman-Fried, who oversaw his now-bankrupt empire from a luxury compound in the Bahamas, is expected to return as early as Wednesday to the United States.

In a hearing Wednesday morning, his lawyer in the Bahamas told the court that Bankman-Fried had agreed to extradition to the US, where federal prosecutors have charged him with orchestrating “one of the biggest financial frauds in American history.”

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