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Sam Bankman-Fried (SBF) received a small victory in a Bahamian courtroom on June 13. The courtroom briefly blocked the Bahamas legal professional normal from consenting to fees added to SBF’s U.S. indictment after his extradition in December 2022, Bloomberg reported.
The U.S. prosecutors added 4 new fees to the earlier eight counts of fraud fees in February, together with fees for unlawful political donations. In March, the prosecutors charged SBF with providing bribes to Chinese language officers, bringing the entire depend of fees in opposition to him to 13.
The co-founder of the FTX alternate argued for the dismissal of the brand new fees since they weren’t a part of his settlement to return to the U.S.
New York federal prosecutors mentioned they might proceed with the brand new fees with consent from the Bahamas legal professional normal. However the transfer was blocked in a separate submitting.
Bahamian Justice Loren Klein mentioned that SBF was entitled to be heard on whether or not the legal professional normal ought to consent to the latest U.S. fees, the report famous. The choose mentioned it will be “procedurally unfair” to disclaim SBF the prospect to place forth his arguments.
SBF filed within the Bahamas courtroom on June 7, a day after the legal professional normal mentioned in an e mail that the difficulty of fees could be determined between the 2 governments. SBF’s legal professionals will argue to have the brand new fees excluded in a listening to earlier than U.S. District Decide Lewis Kaplan on June 15.
The Manhattan U.S. legal professional’s workplace advised Bloomberg it will drop the extra fees if the Bahamas legal professional normal doesn’t consent to them.
It’s not but clear how the choice of the Bahamas authorities will have an effect on SBF’s U.S. prosecution. He’s set to go to trial in October and is at the moment free on a $250 million bond. The Bahamas continuing might probably delay his case within the U.S.
The publish Bahamian courtroom orders assessment of US fees filed after SBF’s extradition appeared first on CryptoSlate.
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