Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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FTX co-founder Sam Bankman-Fried is reportedly agreeing to be extradited to the US.
According to the New York Times, a local lawyer in the Bahamas for FTX co-founder and former CEO Sam Bankman-Fried said that against “the strongest possible legal advice,” SBF is ready to voluntarily agree to extradition to the United States.
SBF had reportedly been ready to contest his extradition; even today, it was reported that he wanted to read the indictment before agreeing to extradition.
In the US, he is set to face a long list of criminal and civil charges covering fraud, money laundering, and more.
Sam Bankman-Fried Said to Agree to Extradition After Chaotic Hearing
[The New York Times]
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