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FTX Founder Bankman-Fried Back In Jail After Hearing

Samuel Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX group, returned to a Bahama prison Monday after a hearing that had been expected to focus on his possible extradition, IgbereTV reports 

One week after Bankman-Fried was arrested in Nassau, local media said the hearing was ended shortly after it began amid confusion of why it was called.

US and local media had reported that the 30-year-old onetime cryptocurrency wunderkind was preparing to accept extradition to the United States in the wake of his arrest last week.

 

Bankman-Fried could be seen arriving at the Nassau magistrate courthouse from the Fox Hill prison, and then leaving nearly three hours later without comment from him or his attorneys.

According to the Nassau Guardian, the magistrate, Shaka Serville, permitted Bankman-Fried to speak by phone with his US attorneys before sending him back to the prison.

If he maintains his right to fight extradition, he is scheduled to appear for a hearing on the issue in early February

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