(Reuters) – U.S. federal prosecutors stated on Wednesday night time they might not instantly file 5 counts of overseas bribery, financial institution fraud and conspiracy towards Sam Bankman-Fried, the founding father of bankrupt cryptocurrency change FTX.
The fees weren’t included in Bankman-Fried’s authentic eight-count indictment final December, which targeted on the FTX collapse, however had been added after his extradition. FTX was based within the Bahamas.
A Bahamian courtroom on Tuesday briefly barred the nation’s authorities from agreeing to permit US prosecutors to convey a part of their felony case towards Bankman-Fried.
In a courtroom submitting Wednesday, United States Legal professional Damian Williams cited uncertainty over the Bahamas’ determination and requested Decide Lewis Kaplan to set a trial on the 5 expenses for the primary of 2024.
Final month, US prosecutors in Manhattan stated they might drop 5 expenses towards the one-time billionaire if the Caribbean nation didn’t agree.
He might spend many years in jail if convicted at his trial, which begins on October 2.
U.S. District Decide Kaplan is scheduled to listen to arguments Thursday.
