FTX founder Sam Bankman-Fried agrees to extradition to the US

Dec 21 2022 by Engadget

When the Bahamas Attorney General's office announced that it had arrested former FTX CEO Sam Bankman-Fried, it noted that the former FTX CEO was likely to be extradited at the request of the United States. Just over a week later, that prediction has come true: Bankman-Fried signed extradition papers on Tuesday afternoon.

According to an unsealed indictment, Bankman-Fried is facing 8 counts of conspiracy to commit wire fraud, commodities fraud, securities fraud, and more. Specifically, the SEC...

Continue Reading FTX founder Sam Bankman-Fried agrees to extradition to the US