According to the latest reports, the convicted FTX co-founder Sam Bankman-Fried has given clear indications that he is getting ready to be extradited to the United States from the Bahamas, as early as Monday. After being detained in Nassau the previous week, Bankman-Fried is scheduled to appear in a court in the Bahamas, where it is anticipated that he would consent to be extradited to the United States in order to face allegations of fraud.

The former chief executive officer of the FTX crypto exchange, has been detained in the Bahamas since last Monday, when he was arrested at the request of U. S. prosecutors in Manhattan. The officials have accused him of a variety of crimes, including wire fraud, and have therefore asked for his extradition to the United States.

This is a developing story and is being frequently updated.

The post Breaking: FTX Founder Sam Bankman-Fried To Be Extradited To United States On This Date appeared first on CoinGape.

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Filed under: News - @ December 19, 2022 3:27 pm