FTX Collapse: Bankman-Fried May Be Extradited on December 21

Published by
The Street

By Luc Olinga The co-founder of the bankrupt cryptocurrency exchange has agreed to his extradition. Sam Bankman-Fried facing American regulators: the scenario that still seemed unlikely a few days ago is now a reality. The founder of the cryptocurrency exchange FTX and its sister company Alameda Research will land in the United States on December 21 to answer charges of fraud and conspiracy to defraud against FTX clients and investors filed by the American regulators. The disgraced crypto king has signed the necessary papers to turn himself in to U.S. authorities, Bahamas Acting Commissioner o…

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