Days after being extensively reported to be “high-quality” at Fox Hill Jail, disgraced FTX founder Sam Bankman Freed is anticipated to reverse course with a plan to battle extradition from the Bahamas. I am right here.
The previous govt’s authorized group is anticipated to waive earlier discover in a court docket within the Bahamas on Monday as bail was denied and an extradition listening to was set for Feb. 8.This information was first reported by Reuterswhich has since been independently confirmed by a number of media shops.
Sam Bankman-Fried faces at the very least eight felony fees in the USA, together with wire fraud and cash laundering conspiracy. The Securities and Trade Fee individually charged him with orchestrating a scheme to deceive FTX inventory traders.
Extraditions of individuals overseas can take months or years to finish, in line with the U.S. Division of Justice. “Even when there are not any rapid authorized obstacles to extradition, it may take months, even years, for an extradition request to be heard by a court docket,” it stated.
of washington put up Bankman-Fried cited a “jail official who recurrently interacted with him” who described him as “a bit smug” however “terribly intimidated” and a “good man”. He stated he could be able to face the music.
Recognized for his dedication to a vegan food plan, Bankman-Fried unsuccessfully utilized for $250,000 bail, explaining his dietary preferences and wish for prescribed drugs. He reportedly requested jail officers to permit vegan meals to be delivered, however COVID restrictions nonetheless bar guests.
Bahamian officers stated Thursday that Bankman-Fried obtained no particular remedy on the facility. .
A 2021 US State Division human rights evaluation stated situations in Fox Hill have been “harsh” resulting from “overcrowding, malnutrition, insufficient hygiene and insufficient medical care.”
“The cells have been infested with mice, maggots and bugs,” the report notes. “Prisoners reported rare entry to nutritious meals and lengthy intervals between day by day meals.”
Bankman-Fried stayed at Fox Hill for 4 days, however remained within the jail ward for analysis. It’s unknown when he can be assigned and moved to an everyday jail cell. In response to a State Division report, the boys’s most safety cell measures roughly 6 toes by 10 toes and accommodates as much as six folks with out mattresses or rest room amenities.