imprisoned in the Bahamas for a week FTX Sam Bankman-Fried, the founder and former boss of the stock exchange, is facing multiple charges. The Bahamian court charges the SBF with money laundering and electronic fraud, while the United States is seeking the extradition of the CEO of the bankrupt stock market.
The court held an extraordinary hearing today after Bankman-Fried’s bail request was denied. Former FTX CEO Bankman-Fried stated that there was no problem in court regarding his extradition to the USA, but he wanted to read the indictment prepared against him.
Although the SBF initially refused extradition, he changed his mind after spending a week in Fox Hill, one of the country’s worst prisons. According to the news reflected in the press, the sunken boss has a big problem even in nutrition because he is vegan.
FTX Victims Look SBF In The Eye
Ben Armstrong, one of the biggest crypto money phenomenon in the USA, went to the Bahamas to follow the trial. Armstrong appeared in court in the photo he shared on Twitter. “To look into the eyes of Bankman-Fried” He said he was leaving.
We are ready. About to go in. Guess who is in front of the line? Finally getting to look @SBF_FTX in the eyes this morning. pic.twitter.com/TtdYXZiUnD
— Ben Armstrong (@Bitboy_Crypto) December 19, 2022
SBF is facing separate accusations from many institutions in the United States. According to local media reports, if all the charges against him are accepted, Bankman-Fried will be sentenced to 115 years in prison.