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Sam Bankman-Fried sent back to prison after chaotic hearing

Matthew Goldstein, David Yaffe-Bellany and Rob Copeland

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Washington/Nassau | A court hearing in the Bahamas in which Sam Bankman-Fried, the disgraced founder of collapsed cryptocurrency exchange FTX, was expected to agree to extradition to the United States ended in turmoil on Monday (Tuesday AEDT) with Mr Bankman-Fried being sent back to the prison where he has been held for the past week.

A judge ordered the crypto entrepreneur returned to the Fox Hill jail in Nassau, the capital of the Bahamas, after one of the prosecutors chided Mr Bankman-Fried’s local defence lawyer for not being prepared to proceed.

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    Original URL: https://www.afr.com/markets/currencies/sam-bankman-fried-sent-back-to-prison-after-chaotic-hearing-20221220-p5c7md