Posted on 12/17/2022 4:15:06 PM PST by dynachrome
Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday.
The 30-year-old cryptocurrency mogul was indicted in federal court in Manhattan on Tuesday and accused of engaging in a scheme to defraud FTX customers by using billions of dollars in stolen deposits to pay for expenses and debts and to make investments for his crypto hedge fund, Alameda Research LLC.
(Excerpt) Read more at reuters.com ...
Sam gave millions of dollars to the democrats. He’ll skate. Too bad Madow didn’t do the same. He’d be in high cotton now if he had.
The nuclear waste department has an opening, maybe he applied.
—”Is still think there’s no way this dude pulled this off without multiple people helping, and numerous people knowing it was BS.”
He may have been the frontman for his law professor parents.
“Bankman helped write Massachusetts Sen. Elizabeth Warren’s failed legislation to simplify the tax code in 2016. He then signed a letter of support for the bill with 53 other law professors.”
“Additionally, Bankman-Fried bought a $16.4 million house in the Bahamas for his parents in FTX’s name. The luxury beachfront property was to be used as a “vacation home,” though Bankman-Fried later claimed he didn’t intend for his parents to use it long-term.”
https://nypost.com/2022/12/14/who-are-sam-bankman-frieds-parents-meet-joseph-and-barbara/
Thanks for the info and link.
This should take a while to shake out.
If it ever does come out to the public.
SBF’s girlfriend’s dad, was the boss of the current head of the SEC.
Most obese/fat Jews cannot tolerate any type of discomfort and he figures the American jail system is slightly more comfortable than the Bahamian one.
Looks like the big guy got his cut in this deal too.
“Sam Bankman-Fried to reverse decision on contesting extradition”
this was a given ... the Fox Hill prison in Nassau is one of the worst hellholes in the world ... I wonder if this PoS pussy will even be able to survive in that prison long enough to be extradited ....
“Fox Hill inmates reported removing human waste by buckets and developing bed sores from lying on the bare ground, according to a 2021 human-rights report on the Bahamas by the U.S. State Department. Cells were also infested with rats, maggots and insects, the report said.
Inmates are supposed to get an hour every day outside for exercise. Due to staff shortages and overcrowding, there are times when they only get 30 minutes a week, said Ms. Farquharson.
The Bahamas Department of Correctional Services facility has different sections that separate those serving terms for violent crimes from those who aren’t. But due to space constraints, some inmates awaiting trial for minor crimes have been sent to the maximum-security facility, said Ms. Farquharson.”
At a minimum, SBF will get his vegan meals in the U.S.
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