US prosecutors targeted SBF's illegal campaigns! - Coinleaks
Current Date:September 21, 2024

US prosecutors targeted SBF’s illegal campaigns!

US prosecutors are expected to drop a charge against Sam Bankman-Fried for alleged conspiracy in his illegal campaigns.

In a letter to District Court Judge Lewis Kaplan on July 26, US Attorney Damian Williams, by the Bahamas Bankman-FriedHe said he had been informed that he did not agree to extradition on the charge and therefore prosecutors would not take the case to court later on.

Information on the letter of the US prosecutor published

Williams wrote in the letter, “The Bahamas did not intend to extradite the accused on account of his campaign contributions. ” he wrote. In addition, “The government does not intend to continue with proceedings regarding the counting of campaign contributions, in accordance with its treaty obligations to the Bahamas.” said.

The accusation was attributed to Bankman-Fried’s breach of an agreement between the two countries, which was carried out after the previous extradition agreement from the Bahamas. Bankman-Fried faces 13 charges, 8 of which were announced in December, including the charge the government now plans to drop.

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