FTX Collapse: Bankman-Fried Flip-Flops On His Extradition

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The Street

By Luc Olinga The fallen founder of the cryptocurrency exchange is in prison in the Bahamas, where he was arrested at the request of the US authorities. Sam Bankman-Fried is expected to answer in person soon to the criminal and civil charges leveled against him by U.S. regulators investigating the unexpected bankruptcy of his cryptocurrency empire. The 30-year-old former trader is notably accused of fraud and conspiracy to defraud customers and investors of the FTX cryptocurrency exchange and its sister company Alameda Research, a hedge fund that also served as a trading platform. FTX and Alam…

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