Following a chaotic court appearance in the Bahamas, FTX CEO and founder Sam Bankman-Fried is to be extradited to the US.
FTX CEO To Be Extradited
A week after the crypto wunderkind was arrested in his Bahamas apartment complex, the 30-year-old disgraced CEO has accepted to stand trial in New York.
According to the New York Times, Bankman-Fried was charged with wire fraud, wire fraud conspiracy, money laundering, securities fraud, securities fraud conspiracy, and election finance violations.
A defense lawyer for the FTX CEO, Jerone Roberts, told The New York Times that they are preparing the necessary documents for his extradition. Roberts noted: