Former FTX chief govt officer Sam Bankman-Fried, who’s presently going through a number of costs associated to wire fraud and securities fraud, reportedly mentioned he needed to see the indictment in opposition to him earlier than agreeing to extradition to the US.

Showing in an emergency listening to of the Bahamas Justice of the Peace Court docket on Dec. 19 for the primary time since his bail was denied, Bankman-Fried reportedly said he was keen to not combat the processrequired for extradition to the US however needed to see all the costs in opposition to him. He spent the final week within the Bahamas’ Fox Hill Jail, a facility with beforehand reported circumstances of bodily abuse in opposition to prisoners and “harsh” situations.

Some members of the crypto area, together with the staff behind YouTuber Ben Armstrong, often known as Bitboy Crypto, reported on Twitter they appeared in individual on the listening to to “look SBF within the eyes.”

We prepared. About to go in. Guess who’s in entrance of the road? Lastly attending to look @SBF_FTX within the eyes this morning. pic.twitter.com/TtdYXZiUnD

— Ben Armstrong (@Bitboy_Crypto) December 19, 2022

In the US, Bankman-Fried faces costs from the Justice Division, Commodity Futures Buying and selling Fee, and Securities and Alternate Fee associated to defrauding traders and lenders. Underneath his management, FTX and related people additionally made hundreds of thousands in donations to political candidates, allegedly violating marketing campaign finance legal guidelines.

It’s unclear why the previous FTX CEO could not combat extradition — if discovered responsible of all costs, studies recommend he may face a 115-year sentence. He was returned to thethe Bahamas Division of Corrections’ custody following the listening to, the place he wasexpected to remainuntil Feb. 8.

Democrats to reportedly return over $1M of SBF’s funding to FTX victims

Officers within the Bahamas arrested Bankman-Fried on Dec. 12 simply hours after he had carried out a collection of on-line interviews as a part of the previous CEO’s apology tour associated to the collapse of FTX. Authorities reported SBF was initially despatched to the jail’s hospital wing — presumably as a part of efforts to manage his remedy, together with Adderall and antidepressants.