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Sam Bankman-Fried appeared at a hearing in the Bahamas on Tuesday with his parents in attendance, according to multiple reports, including from The New York Times and the cryptocurrency site CoinDesk.
At the hearing, which largely focused on if Bankman-Fried would be released on bail, the former FTX CEO indicated that he was not waiving his right to challenge his extradition to the US, according to the report by CoinDesk. The site, which was reporting live from Nassau, in the Bahamas, broke the news of the financial links between FTX and Bankman-Fried’s trading firm Alameda Research in early November.
During the proceedings, Bankman-Fried’s mother Barbara Fried laughed when her son was called a « fugitive, » according to CoinDesk’s report, which described his parents as showing both « dejection and defiance.
