extradition treaty with the US<\/a>. There\u2019s no doubt he\u2019d be extradited from Argentina to the US as a US citizen. <\/p>\n\n\n\nBut what if he somehow got Argentinian citizenship? That\u2019s not an outlandish prospect. Argentina hasn\u2019t updated its citizenship laws in decades. There are several ways to get a fast citizenship there, perfectly legally.<\/p>\n\n\n\n
If Bankman-Fried managed to become Argentinian in a legitimate way then he may be safe there. Argentina is amongst countries that don\u2019t extradite their own citizens.<\/p>\n\n\n\n
Many other countries refuse to extradite their own citizens too. If he saw the storm coming and planned for this kind of scenario in advance he will have more than one safe haven.<\/p>\n\n\n\n
Given the vast resources he had access too, it would be crazy not t have had an insurance policy in place. That insurance policy would take the shape of multiple citizenships and residences. <\/p>\n\n\n\n
The citizenships should be from countries that refuse to extradite their own nationals. Some countries differentiate between naturalised citizens and birth citizens. Most don\u2019t bit if he thought this through in advance he’ll have been advised on this too.<\/p>\n\n\n\n
Non Extradition Countries<\/h2>\n\n\n\n
There are dozens of countries that don\u2019t have extradition treaties with the US. In the case of Sam Bankman-Fried he may face criminal charges in multiple jurisdictions as FTX operated worldwide. So, in his case the citizenship from a country that doesn\u2019t extradite its own nationals would work best. <\/p>\n\n\n\n
However he may opt to go somewhere such as China, Russia or The Maldives that don\u2019t have extradition treaties with the US. His high profile will work against him, though. Unless he had residencies in nonextradition countries set up in advance it will be difficult to achieve. The main danger for those who try to avoid extradition and turn up in the non-extradition country without residency is deportation. That\u2019s the easiest option for countries seeking to extradite their nationals. It’s also the easiest option for the host country as it avoids drawn out extradition hearings. Mr Bankman-Fried should have planned his escape well in advance.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n
Sam Bankman-Fried faces a difficult bot not impossible situation. His high profile and the level of accusations against him will make his situation more challenging. He faces tough decisions about whether to return to the US to face the music or sit it out somewhere safe. This will likely depend on whether he has insurance in place in advance in terms of residencies and citizenships. It\u2019s much more difficult to buy insurance after the fire has started.<\/p>\n\n\n\n
Discover the strategies fugitives have used to stay overseas for decades. Simple traps to avoid and the one thing MORE dangerous than extradition. Also FULL list of non extradition countries for the US, the UK, Canada and Australia with The Extradition Report. The report contains the most up to date and actionable information prepared by international expert Richard Barr. \u201cInvaluable to US citizens\u201d. Buy Now and get access instantly.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Investors Will Demand a Scape-Goat There has been much talk recently about Sam Bankman-Fried, the 30 year old founder of FTX. FTX was a major crypto exchange. It collapsed last week. Customers are thought to be owed as much as $10 billion. Many in the media are accusing Sam Bankman-Fried of fraud. At this early […]<\/p>\n","protected":false},"author":2,"featured_media":165,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[7,5],"tags":[],"_links":{"self":[{"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/posts\/164"}],"collection":[{"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/comments?post=164"}],"version-history":[{"count":3,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/posts\/164\/revisions"}],"predecessor-version":[{"id":168,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/posts\/164\/revisions\/168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/media\/165"}],"wp:attachment":[{"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/media?parent=164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/categories?post=164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.extradition.co\/wp-json\/wp\/v2\/tags?post=164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}