DC: U.S. Capitol
NEW YORK (77WABC) — No bail was set for fallen FTX mogul Sam Bankman-Fried, who told a judge in the Bahamas he will fight extradition to the United States — where he faces an eight-count indictment related to the $32 billion collapse of his failed cryptocurrency exchange.
He pleaded with the judge about his vegan diet and attention deficit disorder diagnosis — proposing $250,000 bail to no avail.
In the U.S., Bankman-Fried is indicted on a slew of federal charges, including fraud and making illegal campaign contributions. He faces up to 115 years in prison if convicted of the eight charges, including wire fraud, money laundering and campaign finance violations for his big-money political donations.
He also faces separate charges from the Securities and Exchange Commission.
