FTX co-founder Sam Bankman-Fried is planning to consent to extradition to the US to face criminal charges related to the cryptocurrency exchange’s collapse, people familiar with the matter said.
Bankman-Fried has been in custody in the Bahamas since he was arrested on 12 December in connection with several US criminal charges, which were unsealed a day later. Federal prosecutors in Manhattan have charged Bankman-Fried with fraud and money-laundering offences, alleging he defrauded customers, lenders and investors. They also...
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