FTX founder Sam Bankman-Fried leaves the Manhattan federal courthouse on Tuesday, January 3, 2023. Photo: Ryland West/ALM Feds Drop Campaign Finance Charge for Sam Bankman-Fried, Citing Treaty Obligations
Prosecutors said that the Bahamas would not extradite the ex-crypto entrepreneur on charges related to over political contributions.
July 27, 2023 at 05:05 PM
3 minute read
The U.S. Attorney's Office for the Southern District of New York has decided to drop a campaign finance charge against FTX founder Sam Bankman-Fried due to extradition issues involving the Bahamas, where Bankman-Fried was arrested, according to a letter filed on the docket late Wednesday.
In the letter, assistant U.S. attorney Thane Rehn wrote that officials in the Bahamas have informed the U.S. government that they "did not intend to extradite the defendant on the campaign contributions count."
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