SBF Granted Opportunity to Review Extradition Terms

NASSAU, BAHAMAS – In a recent judgment by the Bahamian Supreme Court, FTX founder Sam Bankman-Fried (SBF) has been granted the opportunity to judicially review the terms of his extradition from the Caribbean, leading to a further delay in additional charges that were brought against him this week. 

Since the initial charges of wire fraud and money laundering were brought against SBF, U.S. prosecutors have sought to add more charges, including bank fraud and bribery. The founder has argued that he should have the right to challenge the inclusion of additional charges before the Bahamian government agrees to extradite him. SBF’s attorney, Mark Cohen, had previously cautioned that legal proceedings in the Bahamas could extend beyond the October 2 trial date.

Yesterday, Bahamas Supreme Court Judge Loren Klein declared, “Leave is granted to the claimant to amend the application for judicial review in the terms indicated in the draft.” Judge Klein emphasized that the legal process must be completed before the Bahamas government can add the supplementary offenses.