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Bahamas jail hell may make Bankman-Fried rethink extradition stance

New York | The grim conditions FTX founder Sam Bankman-Fried is encountering in the Bahamas prison where he’s currently being held could change his attitude on extradition to face fraud charges in the US.

At Bankman-Fried’s first court appearance on Tuesday (Wednesday AEDT), his lawyer said he planned to fight extradition. But that was before the judge denied Bankman-Fried’s request to be released on $US250,000 ($364,500) cash bail and an ankle monitor to track his movements and ordered him taken into custody at the Bahamas Department of Correctional Services facility, commonly known as Fox Hill.

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    Original URL: https://www.afr.com/markets/currencies/bahamas-jail-hell-may-make-bankman-fried-rethink-extradition-stance-20221215-p5c6ky