By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CoinLucidCoinLucid
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • Mining
  • NFT
  • Learning
Reading: SBF was sent back to prison after a court misunderstanding.
Share
Notification Show More
Latest News
What is Fair Value Gap – Smart Money Concepts
Learning
What are Equal Highs and Equal Lows – Smart Money Concepts
Learning
Ankr Network rising by 50% in the past 24h following its partnership with Microsoft
All News
110M $ALBT Hacked and trading suspended from KuCoin
All News Altcoins
What are Moving Averages (MAs)?
Learning
Aa
Aa
CoinLucidCoinLucid
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • NFT
  • Mining
  • Learning
  • All News
  • Bitcoin
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
  • Mining
  • NFT
  • Learning
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Marketoken All Rights Reserved.
CoinLucid > Blog > All News > SBF was sent back to prison after a court misunderstanding.
All News

SBF was sent back to prison after a court misunderstanding.

Ed Miles
Last updated: 2022/12/20 at 1:31 PM
By Ed Miles 2 Min Read
Share
SHARE

Sam Bankman-Fried, the founder of embattled FTX, is headed back to prison after a confusing morning hearing that prosecutors and the sitting judge both described as a waste of time. SBF was expected to appear before the judge to drop his extradition fight, after spending less than a week at the Bahamas Department of Correctional Services. The hearing was reportedly chaotic and disorganized, leaving all parties involved frustrated and confused. SBF is now back in the correctional facility, awaiting his fate.

Jerone Roberts, the local lawyer for SBF, was shocked to see his client in court and argued that the hearing was premature. Roberts had expected to visit SBF today in prison and had not yet received instructions on how to proceed. Magistrate Shaka Serville understood the gravity of the situation and adjourned the court to allow SBF to communicate with his legal counsel. This allowed SBF the opportunity to receive guidance from his lawyer before continuing with the proceedings.

Franklyn Williams, the lead prosecutor, argued that the instruction for SBF to come to court had not come from US or local law enforcement. He expressed his concern that something suspicious was going on, and made it clear he did not want to be part of it. Williams further stated that he understood SBF had voluntarily appeared in court to waive his right to an extradition hearing. Clearly, the prosecutor was taking a stance against any potential wrongdoing or injustice.

In the court case involving SBF, the magistrate, Mr. Roberts, advised that SBF’s US lawyers may be more knowledgeable on the situation than the local legal team. Despite this, Mr. Serville declared that the day had been wasted and remanded SBF to prison. However, before SBF was transported away, Mr. Roberts gave him the opportunity to speak to his US lawyers over the phone. This allowed SBF to gain some clarity on the situation and ensure his rights were being respected.

You Might Also Like

Ankr Network rising by 50% in the past 24h following its partnership with Microsoft

110M $ALBT Hacked and trading suspended from KuCoin

Crypto Bullish sentiment is at Risk before the FOMC today

$NFTS Seedify January Updates

DOGE Dogecoin Trading Signals + Buy & Sell Alerts

TAGGED: prison, Sam Bankman-Fried, SBF
Share this Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Bankrupt crypto lender BlockFi requested U.S. court to allow customer withdrawals
Next Article Audio of Sam Bankam-Fried, where he discusses jail, insomnia, depression and amphetamine use.
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Telegram Follow

Top 24h Crypto Gainers

NamePriceChanges 24H

Top 24h Crypto Losers

NamePriceChanges 24H

Latest News

What is Fair Value Gap – Smart Money Concepts
Learning
What are Equal Highs and Equal Lows – Smart Money Concepts
Learning
Ankr Network rising by 50% in the past 24h following its partnership with Microsoft
All News
110M $ALBT Hacked and trading suspended from KuCoin
All News Altcoins
//

We provide News and information to understand better the world of Crypto Tokens

Quick Link

  • Privacy Policy
  • Website Terms of Use

Support

  • OUR SITE MAP
  • Write For Us
  • Crypto Heat Map

Register to Our Newsletter

Get the Crypto updates straight to your inbox!

© 2022 Marketoken. All Rights Reserved.

  • bitcoinBitcoin(BTC)
    $27,209.00-2.39% 24H
    BITCOIN
    24H : -2.39%
    Volume : $18.75B
    Marketcap : $525.25B
  • ethereumEthereum(ETH)
    $1,714.77-2.91% 24H
    ETHEREUM
    24H : -2.91%
    Volume : $9.75B
    Marketcap : $206.24B
  • tetherTether(USDT)
    $1.00-0.16% 24H
    TETHER
    24H : -0.16%
    Volume : $29.53B
    Marketcap : $79.31B
  • binancecoinBNB(BNB)
    $308.54-5.99% 24H
    BNB
    24H : -5.99%
    Volume : $1.03B
    Marketcap : $48.61B
  • usd-coinUSD Coin(USDC)
    $1.000.050% 24H
    USD COIN
    24H : 0.050%
    Volume : $4.55B
    Marketcap : $33.49B
  • rippleXRP(XRP)
    $0.4817.15% 24H
    XRP
    24H : 7.15%
    Volume : $3.28B
    Marketcap : $24.84B
  • cardanoCardano(ADA)
    $0.345-2.91% 24H
    CARDANO
    24H : -2.91%
    Volume : $338.57M
    Marketcap : $12.07B
  • dogecoinDogecoin(DOGE)
    $0.073-1.41% 24H
    DOGECOIN
    24H : -1.41%
    Volume : $557.53M
    Marketcap : $10.15B
  • staked-etherLido Staked Ether(STETH)
    $1,710.21-2.88% 24H
    LIDO STAKED ETHER
    24H : -2.88%
    Volume : $22.42M
    Marketcap : $10.04B
  • matic-networkPolygon(MATIC)
    $1.05-4.77% 24H
    POLYGON
    24H : -4.77%
    Volume : $480.35M
    Marketcap : $9.51B
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Register Lost your password?