• A Bahamian Justice of the Peace has issued orders to increase the remand of Sam Bankman-Fried.
• The previous FTX CEO was anticipated to drop his extradition battle as we speak in courtroom. 
• SBF was reportedly shaking within the courtroom.
• He’ll return to the Bahamas’ infamous Fox Hill jail. 

Following a slightly chaotic listening to as we speak on the Nassau courthouse, Bahamian Justice of the Peace Shaka Serville dominated that Sam Bankman-Fried is not going to be extradited to the USA but. The Justice of the Peace has issued orders to remand the previous FTX CEO within the nation. 

Sam Bankman-Fried meant to waive his extradition

The information comes as a shock given the widespread experiences of Sam Bankman-Fried’s intention to give up himself to U.S custody. In response to a report by CNBC, even the Bahamian prosecutor acknowledged SBF’s intention to waive extradition. As per the report, Sam Bankman-Fried demanded to see a duplicate of his federal indictment. 

SBF was reportedly shaking within the courtroom. His protection lawyer knowledgeable the courtroom that Bankman-Fried’s presence within the courtroom got here as a “shock” to him. “I didn’t request him to be right here this morning,” the lawyer stated. The previous crypto billionaire might be taken away to Fox Hill jail in a closely guarded convoy following the Justice of the Peace’s orders. 

No aid in sight for Sam Bankman-Fried

Sam Bankman-Fried was first remanded to the infamous Fox Hill jail final week after the courtroom rejected his bail plea citing a flight danger. On condition that he wanted medical care, SBF was saved within the medical unit of the jail. The jail is thought for its precarious situation. Lack of hygienic cells, poor vitamin, insufficient sanitation, and medical care amongst different issues. 

Following the rejection of SBF’s bail software, his attorneys indicated that they might battle extradition at as we speak’s listening to. Nonetheless, experiences emerged over the weekend that signaled that the previous FTX CEO was able to drop his extradition battle.