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Exclusive: Sam Bankman-Fried to reverse decision on contesting extradition
Reuters ^ | 12-17-22 | Jasper Ward

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 ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: crypto; extradition; friedbankman
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Word on the street is that the rats and cockroaches were harassing him and laughing.
1 posted on 12/17/2022 4:15:06 PM PST by dynachrome
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To: dynachrome

He got his deal from the feds.


2 posted on 12/17/2022 4:23:14 PM PST by BobL (By the way, low tonight in Latvia: 11 degrees, brrrr!)
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To: dynachrome

Bribes were given to the right politicians so he’ll get a job in the Biden Admin maybe at the White House


3 posted on 12/17/2022 4:24:12 PM PST by butlerweave
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To: dynachrome

Bahamian misery or American Arkancide. Take yer pick.


4 posted on 12/17/2022 4:24:58 PM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: BobL

Is still think there’s no way this dude pulled this off without multiple people helping, and numerous people knowing it was BS.


5 posted on 12/17/2022 4:25:41 PM PST by EEGator
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To: BobL

Right take a deal or a trip Epstein’s cell.


6 posted on 12/17/2022 4:26:13 PM PST by gibsonguy
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To: dynachrome

He could fall out of the plane in the Bermuda Triangle


7 posted on 12/17/2022 4:34:58 PM PST by butlerweave
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To: dynachrome

Rumor is his girlfriend flipped on him before he could make a deal.


8 posted on 12/17/2022 4:36:30 PM PST by mware
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To: dynachrome

Bwaahaha! I’ll bet his intention of spending weeks-or even months-fighting extradition to the US was changed as soon as he heard about/saw the prison where he would be kept while his lawyers worked on a deal-that prison is known to be a nasty place-not much food and unfit for human consumption, lots of filth, rats, bugs, etc-and nobody gives a damn who he is in a place like that. He should not have let his alligator mouth overload his hummingbird ass...


9 posted on 12/17/2022 4:41:06 PM PST by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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To: BobL

There was no way the corrupt Democrats were ever going to do anything (other than purely ceremonial) to SBF. He is Hunter II.


10 posted on 12/17/2022 4:48:45 PM PST by Kaiser8408a (z)
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To: dynachrome

Yep. Some deal was made.


11 posted on 12/17/2022 4:49:20 PM PST by Bon of Babble (Rigged Elections have Consequences)
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To: dynachrome

He’s done a deal.


12 posted on 12/17/2022 4:49:21 PM PST by dljordan
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To: dynachrome

Feds must have offered him a deal.


13 posted on 12/17/2022 4:54:57 PM PST by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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To: butlerweave
Bribes were given to the right politicians so he’ll get a job in the Biden Admin maybe at the White House
Or Murdoch News.
14 posted on 12/17/2022 5:03:07 PM PST by lewislynn (Trump accomplished more in one term than any other President in your lifetime.)
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To: mware

There’s an article somewhere that some guy did. I’ll see if I can find it.


15 posted on 12/17/2022 5:09:43 PM PST by EEGator
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To: dynachrome

I predicted he would cave to the conditions. The problem is……what if the Bahamians decide to charge him?


16 posted on 12/17/2022 5:16:19 PM PST by clintonh8r (Truth is hate speech to those who hate the truth.)
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To: mware

Looking around I think you’re correct and I was wrong.
I was thinking about the new FTX CEO, John Ray talking about SBF.

https://www.axios.com/2022/11/18/ftx-bankruptcy-john-ray-sbf


17 posted on 12/17/2022 5:17:57 PM PST by EEGator
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To: EEGator

Is still think there’s no way this dude pulled this off without multiple people helping, and numerous people knowing it was BS.


I think it is kind of like how Ghislaine Maxwell trafficked minors to apparently no one.


18 posted on 12/17/2022 5:18:37 PM PST by hanamizu
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To: hanamizu

I can’t argue that.

Quite interesting to traffic humans to no one. Is that still trafficking? Seems more like holding. 10 yards, replay the crime?...


19 posted on 12/17/2022 5:20:51 PM PST by EEGator
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To: dynachrome

Soon Sam Bankman-Fried may commit ‘suicide.”

Just a swag.

5.56mm


20 posted on 12/17/2022 5:23:57 PM PST by M Kehoe (Quid Pro Joe and the Ho got to go)
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