Menu
  • Latest
  • Prices
  • NFT
  • Coins
    • Bitcoin
    • Ethereum
    • Cardano
    • Ripple
    • Solana
    • Shiba inu
    • Dogecoin
    • Algorand
    • Litecoin
  • GEO
    • Ukraine
    • China
    • India
    • South Korea
    • North Korea
    • El Salvador
    • Switzerland
    • Nigeria
    • Russia
    • Latin America
  • Wiki
Language:

Coin Prologue
  • Latest
  • Prices
  • NFT
  • Coins
    • Bitcoin
    • Ethereum
    • Cardano
    • Ripple
    • Solana
    • Shiba inu
    • Dogecoin
    • Algorand
    • Litecoin
  • GEO
    • Ukraine
    • China
    • India
    • South Korea
    • North Korea
    • El Salvador
    • Switzerland
    • Nigeria
    • Russia
    • Latin America
  • Wiki
  • News

‘Visibly Shaking’ FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition

  • Ralph Smith
  • 20/12/2022
  • 3 minute read
Total
0
Shares
0
0
0
0
0
0

'Visibly Shaking' FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition

FTX co-founder Sam Bankman-Fried (SBF) SBF’s local lawyer had a difficult day in court on Monday, according to numerous reports that said he appeared to be at odds with his U.S. legal team. The SBF had been asleep for a long time and had to be awakened by an official.

After spending nearly a week in Fox Hill Prison, SBF’s court days have not gone so smoothly

According to many reports on Monday, Sam Bankman- Fried (SBF) was returned to Fox Hill Prison after a “series of turmoil” in court,according to local island media publication The Tribune. SBF’s local attorney, Jerone Roberts, “seemed to be at odds with [SBF’s] US legal team,” The Wall Street Journal (WSJ) reported the same day.

Tribune and other reports detailed that the SBF had told the judge that it had not yet seen his US indictment. Roberts is said to have been unaware that his client SBF was due to appear in court on Monday as well.

'Visibly Shaking' FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
According to court witnesses, the SBF was heavily guarded and carried a manila folder containing legal documents. Many reports said he had to read the US indictment for the first time. The indictment includes his eight counts of financial fraud and conspiracy, which stemmed from a grand jury in the Southern District of New York.

The Tribune,New York Times, WSJ, and Reuters all reported that SBF lawyers have named his FTX co-founder to the United States. According to reports, Bankman-Fried said he only spoke twice with Judge Shaka Serville throughout the hearing.

At one point, SBF supposedly closed his eyes and fell asleep during the hearing, only to be forced to wake him up by one of his court officials. A “Reuters witness” told the publication that the SBF was allowed to speak to US lawyers by phone.

'Visibly Shaking' FTX Co-Founder Hammers out a ‘Wasted Day’ in Court as Bahamian, US Legal Team Prep for Extradition
The report detailed that the SBF was “visibly shaken” and the FTX co-founder was also reported to have fallen asleep during part of the proceedings. I was.

Various reports claimed that Bankman-Fried was “visibly shaken” in court. “SBF is in a blue suit, white shirt, dress in his shoes and in great disarray,” NBC reporter Ezra Kaplanwrote. “He was often seen holding his head in his hands, his knees shaking, and holding a manila folder. }

Franklin Williams, deputy chief of legal affairs in the Bahamas, called the court proceedings “incredible” and said the SBF would consider his indictment before deciding whether to extradite him. By the end of the chaotic ordeal, SBF was led into a black modified van with paperwork.

His legal team in the United States said Tuesday I hope everything will be resolved by After the SBF left the courtroom, his Bahamian lawyer Roberts said that as far as extradition was concerned, “lawyers will prepare the necessary paperwork to open the court.”

Bahamian Magistrate Serville remanded him to Fox Hill Prison after telling the media that the SBF’s appearance in court on Monday was essentially a “wasted day.” After reading his indictment, a person familiar with the matter told the WSJ that the SBF had “agreed to the extradition” and that “a plan is being fleshed out by his legal team following court proceedings that day.” Told.

Roberts further told his Eyewitness News, a local near the entrance of his Cay in Arawak on Long His Wharf in the Bahamas, telling reporters: . [for extradition], he added that he hopes the SBF will be returned to court this week. }

Image CreditsShutterstock, Pixabay, Wiki Commons

Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

You May Also Like
View Post
  • 1
  • 2 min

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

View Post
  • 3
  • 2 min

Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

View Post
  • 2 min

Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

View Post
  • 2 min

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

View Post
  • 2 min

Putin and Saudi Crown Prince Discuss Potential BRICS-Saudi Arabia Collaboration

View Post
  • 2 min

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration 

Recent Posts
  • Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

    View Post
  • Financial Analyst Charles Nenner Warns About the End of the US Dollar and Its Consequences

    View Post
  • Global Reserves Held in US Dollars Fell to Less Than 50% — Official States It Has Become a ‘Toxic’ Currency

    View Post
  • White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

    View Post
Coin Prologue Coin Prologue
Made with ❤️Love in 🇺🇦Ukraine ©2021 — 2022

Input your search keywords and press Enter.