.SBF_FTX, facing legal repercussions after the collapse of his crypto empire, can contest extra charges added by the U.S. since his extradition, the Bahamas Supreme Court has said. jackschickler reports.
– in particular arguing that he should have the right to mount a legal challenge before the Bahamas agrees to add extras to the charge sheet.
“Leave is granted to the claimant to commence proceedings for judicial review,” Bahamas Supreme Court Judge Loren Klein said on Tuesday. Klein's comments favor Bankman-Fried's bid to contest the position taken by the Bahamas minister and Attorney General. “All of the grounds advanced by the claimants disclose arguable claims with a real prospect of success.”
Klein said that the Bahamas government cannot add the additional offenses until that legal process has finished. The Bahamas government had previously argued the issue of consenting to the U.S. request was a mere matter between sovereign states. Klein also added that the review should take place “in an expedited manner,” though said he didn’t want to pre-empt its findings.
Cohen has previously warned that legal measures in the Bahamas could take “months or years,” pushing them beyond the planned October U.S. trial date, or meaning he doesn’t have enough time to prepare a defense to the extra charges.
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