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Fortune
Fortune
Leo Schwartz

Sam Bankman-Fried scores a victory as prosecutors agree to withdraw 5 charges, including bribery, until next year

Sam Bankman-Fried leaves Manhattan Federal Court in December. (Credit: David Dee Delgado—Getty Images)

Last December, in a scene that captivated audiences around the world, the billionaire crypto founder Sam Bankman-Fried was led away from his luxury apartment in the Bahamas by authorities. The disheveled 30-year-old was brought to a Bahamian jail, where he was held for a week before agreeing to be extradited to the U.S.

As Department of Justice prosecutors continue to build their criminal case against Bankman-Fried, which now includes 13 counts related to the collapse of his crypto exchange FTX, his extradition from the Bahamas has emerged as a thorny issue.

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