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Sam Bankman-Fried expected back in US after agreeing to extradition

Sam Bankman-Fried expected back in US after agreeing to extradition


Sam Bankman-Fried expected back in US after agreeing to extradition
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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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