SBF reportedly dropped fight against extradition but sent back to jail after latest hearing News ▸ FTX ▸ Bankruptcy
SBF reportedly dropped fight against extradition but sent back to jail after latest hearing
Sam Bankman-Fried was likely to drop his extradition battle at the recent hearing since he wants to return to the U.S. and request bail.
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Updated: Aug. 19, 2023 at 3:36 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Crypto influencer Ben Bitboy Armstrong claimed that SBF was sent back to the Bahamas jail after his latest court hearing, putting an end to extradition rumors.
Sam back to jail in the Bahamas. Wait until you find out why. pic.twitter.com/5KoiuolDJY
— Ben Armstrong (@Bitboy_Crypto) December 19, 2022
Media reports earlier in the day claimed that SBF was expected to be extradited back to the U.S. on Dec. 19. However, the hearing seems to have taken a different turn due to a “mysterious event” that occurred over the weekend of Dec. 16, according to Armstrong.
I cannot express how crazy the court hearing was this morning. @SBF_FTX was shaking and begging his lawyer to get him extradited.
But there was a mysterious event that happened over the weekend that prevented the extradition. Hmmm…. wonder what that was?
— Ben Armstrong (@Bitboy_Crypto) December 19, 2022
CryptoSlate is currently unable to ascertain the full details of the hearing or the claims made by Armstrong.
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Soumen Datta
Soumen is a dedicated researcher and writer in the field of cryptocurrencies, DeFi, NFTs, and GameFi projects.
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FTX
FTX is a defunct cryptocurrency exchange, currently in bankruptcy proceedings, that was founded by Sam Bankman-Fried and Zixiao “Gary” Wang in May 2019.
Sam Bankman-Fried is the former CEO, and co-founder of defunct crypto exchange FTX and Alameda Research.