FTX founder expected to drop fight against extradition to US

FTX founder expected to drop fight against extradition to US

2 years ago
Anonymous $_PGtSJbg8h

https://apnews.com/83360ee8736d2fd3ae8247d8987fe8ef

Sam Bankman-Fried arrived at a courthouse in the Bahamas early Monday and is expected to tell a judge he will not fight extradition to the U.S., where he faces multiple criminal and civil charges related to the collapse of cryptocurrency exchange FTX.

The decision comes just a week after Bankman-Fried’s lawyers had initially said that they planned to fight extradition. An extradition hearing had been scheduled for Feb. 8. His turnabout could speed up the timetable for him to be sent to the U.S.

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