Sam Bankman-Fried has consented to be extradited to the United States, where he faces fraud charges, according to an affidavit.
December 21, 2022, 12:02 PMNASSAU -Sam Bankman-Fried has consented to be extradited to the United States where he faces fraud charges, according to an affidavit his lawyer read on Wednesday at a court hearing in The Bahamas.
Bankman-Fried was arrested on a U.S. extradition request last week in The Bahamas, where he lives and where FTX is based. He initially said he would contest extradition, but Reuters and other outlets reported over the weekend that he would reverse that decision. “Yes, I do wish to waive my right to such formal extradition proceedings," he told judge Shaka Serville.
During Wednesday's hearing, Bankman-Fried's lawyer requested that the “rule of speciality” be followed. This rule, which is in The Bahamas’ extradition treaty with the United States, says a person can be tried only on the charges for which they are extradited.
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