- by foxnews
- 18 Nov 2024
Sam Bankman-Fried expected back in US after agreeing to extradition
Sam Bankman-Fried expected back in US after agreeing to extradition
- by theguardian
- 22 Dec 2022
- in news
1.6 k views
Sam Bankman-Fried, the jailed founder of the collapsed crypto-currency exchange FTX, is expected to fly back to the US on Wednesday to face criminal charges after waiving his right to contest extradition from the Bahamas.
In a series of sometimes rambling media interviews, Bankman-Fried has said he did not plan to commit fraud and was not aware of what was going on at Alameda Research, a hedge fund he founded that allegedly received billions in customers funds from FTX.
After speaking with both sets of lawyers, Bankman-Fried reportedly agreed to extradition.
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