US prosecutors are expected to drop a charge against Sam Bankman-Fried for alleged conspiracy in his illegal campaigns.
In a July 26 letter to District Court Judge Lewis Kaplan, U.S. Attorney Damian Williams said he had been informed by the Bahamas that he had not agreed to extradite Bankman-Fried on the charge, and therefore prosecutors would not later take the case to court.
Information on the letter of the US prosecutor published
“The Bahamas did not intend to extradite the accused on account of his campaign contributions,” Williams wrote in the letter. Additionally, “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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