BREAKING: Disgraced FTX founder Sam Bankman-Fried has reportedly agreed to get extradited to the United States to face charges levied against him for wire fraud stemming from his bankrupt cryptocurrency firm.
Bankman-Fried, also known as SBF, reached the agreement voluntary during a court hearing Monday, the Washington Post reported.
He is facing charges of conspiracy to commit wire fraud on customers and lenders, conspiracy to commit money laundering, conspiracy to commit commodities and security fraud, a separate wire fraud on customers and lenders, violating campaign finance laws, and conspiracy to defraud the United States. He is also facing civil securities fraud charges from the Securities and Exchange Commission.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried prosecutors target top Democrats for info on FTX donationsProsecutors investigating accused crypto grifter Sam Bankman-Fried have demanded information from high-level Democrats — including the Democratic National Committee, the Democratic Congressio…
Read more »
FTX founder Sam Bankman-Fried will not contest U.S. extradition in alleged fraud case, source saysFounder and former FTX CEO Sam Bankman-Fried will not contest extradition to the U.S. in an about face just days after being remanded to Bahamas prison.
Read more »
Sam Bankman-Fried, former FTX CEO, expected to waive extradition from Bahamas: SourcesNEW: Former FTX CEO Sam Bankman-Fried is prepared to waive extradition from the Bahamas during a court appearance that could occur as soon as Monday, multiple sources familiar with the matter told ABC News.
Read more »
Sam Bankman-Fried, founder of FTX, to waive extradition in Bahamas courtSam Bankman-Fried to appear in Bahamas court, where he’s expected to waive his extradition rights, according to a source with knowledge of the situation.
Read more »
FTX founder Sam Bankman-Fried plans to drop extradition fightFTX founder Sam Bankman-Fried is expected tell a judge in the Bahamas that he will no longer fight extradition to the U.S., a source with direct knowledge of the matter said.
Read more »
Disgraced FTX founder Sam Bankman-Fried does not waive extradition to US from Bahamas as expectedSam Bankman-Fried, who is facing charges in the U.S. following the collapse of his cryptocurrency company, FTX, did not waive his right to an extradition hearing at a court appearance in the Bahamas on Monday as expected, casting uncertainty around his potential transport to the U.S. for prosecution. The proceedings were adjourned to an as-yet-unspecified date and Bankman-Fried was remanded back into custody. Bankman-Fried, 30, was arrested last week in the Bahamas after federal prosecutors in New York filed an eight-count indictment including allegations of fraud and conspiracy.
Read more »