Sam Bankman-Fried, accused of ''one of the biggest financial frauds in American history', has reversed his decision to contest extradition to the US where he faces charges over the cryptocurrency exchange's collapse.
abc.net.au/news/ftx-sam-bankman-fried-signs-extradition-papers/101796332FTX founder Sam Bankman-Fried has signed legal papers paving the way for his extradition from the Bahamas to the United States where he faces fraud charges.
Doan Cleare, the Bahamas' acting commissioner of corrections, told Reuters the documents were signed around noon on Tuesday, local time. Wednesday's proceeding could set the stage for the 30-year-old cryptocurrency mogul to depart the Caribbean nation, after several days of confusion about the status of Mr Bankman-Fried's extradition.A person familiar with the matter said Mr Bankman-Fried intends to consent to extradition.WatchCrypto king Sam Bankman-Fried charged with fraud after Bahamas arrest.
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