(Reuters) – U.S. federal prosecutors mentioned on Wednesday night they might not instantly pursue 5 expenses of international bribery, financial institution fraud and conspiracy towards the indicted founding father of failed cryptocurrency trade FTX Sam Bankman-Fried .
The fees weren’t included in Bankman-Fried’s authentic indictment final December, which associated to the collapse of FTX, however had been added after his extradition. FTX was based mostly within the Bahamas.
A court docket within the Bahamas on Tuesday briefly barred the nation’s authorities from agreeing to let US prosecutors pursue a part of their prison case towards Bankman-Fried.
In Wednesday’s court docket submitting, U.S. Legal professional Damian Williams mentioned the uncertainty surrounding a Bahamas determination and requested Decide Lewis Kaplan to schedule a trial on these 5 counts for the primary quarter of 2024.
Final month, US prosecutors in Manhattan mentioned they might drop all 5 expenses towards the previous billionaire if the Caribbean nation didn’t settle for them.
He may spend many years in jail if discovered responsible in a trial as a result of begin on October 2.
U.S. District Decide Kaplan is predicted to listen to arguments Thursday.
