TechFlow news, according to CNN, a court in the Bahamas has temporarily barred the country's government from agreeing to allow U.S. prosecutors to pursue certain criminal charges against Sam Bankman-Fried (SBF), the founder of the now-bankrupt cryptocurrency exchange FTX. The Bahamian Supreme Court stated that the nation’s foreign minister and attorney general cannot consent to new charges before SBF has a formal opportunity to object.
Last month, U.S. federal prosecutors in Manhattan said they would drop five charges against SBF related to overseas bribery, bank fraud, and conspiracy if the Bahamian government does not agree. These charges were not included in SBF’s original eight counts last December—charges focused on the collapse of FTX the previous month—but were added after his extradition.
