FTX co-founder Bankman-Fried said in court on Monday that he was ready to waive his right to fight extradition to the US where he faces fraud charges over the collapse of the cryptocurrency exchange. However, his local lawyer, Jerone Roberts, said in the same hearing that he wasn’t aware of the plan.
Although he initially said that he would fight extradition, Bankman-Fried has more recently indicated in private conversations that he was preparing to return to the US as soon as Monday, according to a person with direct knowledge of the matter. “If the defendant was to offer a substantial bail package secured by cash, home detention and location monitoring, I could see a situation where prosecutors would agree to that,” he said.
“Whatever trail got him here this morning, it did not involve me,” said Roberts. “I am not at the front of what is going on here, I am reacting.”Bankman-Fried kept his head down for much of the proceedings, his right arm twitching. When asked to stand before the judge, his jacket was off, his shirt was untucked and his sleeves were rolled up. A bailiff ordered him to keep his hands out of his pocket.
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