Sam Bankman-Fried, the
disgraced founder of bankrupt cryptocurrency exchange FTX, has made a move to
dismiss the charges slapped on him by US prosecutors after his extradition from
the Bahamas, Reuters reported on Tuesday. The former crypto
billionaire’s lawyers have asked the Supreme Court of the Bahamas to stop the
island’s country’s government from consenting to
the
post-extradition charges.
Bankman-Fried Moves against US Charges
According to the wire agency, Bankman-Fried’s lawyers disclosed the move in
documents filed before a federal court in Manhattan, United States, on Monday
evening. The lawyers are arguing that the extra charges contravene the terms of
extradition agreement between Bahamas and the United
States. The extradition
treaty between both countries requires the country releasing a defendant to give its consent before additional charges can be initiated after the extradition.
Bankman-Fried was arrested in the Bahamas in late 2022 over the collapse of FTX after criminal
charges were filed against him in the United States. He was later extradited to
the US where he was initially charged with
eight counts, including conspiracy to
commit wire and securities fraud,
