Bankman-Fried’s legal plans are still in flux and could change in the coming days depending on developments surrounding his case

Crypto

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 alleged he violated campaign-finance rules by making illegal political contributions.

FTX’s Sam Bankman-Fried plans to consent to US extradition

Alexander Saeedy

Justin Baer

James Fanelli

Currencies

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