Cryptocurrency news by Protos

Bankman-Fried agrees to US extradition as FTX hunts down donations


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During a dramatic day in court on Monday, former FTX chief Sam Bankman-Fried voluntarily agreed to be extradited to the US, the Washington Post reports. The decision comes as the crypto exchange seeks to recoup money spent by Bankman-Fried and his cabal, such as political donations.


A Monday morning court session in which Bankman-Fried was expected to agree to extradition lasted only 10 minutes thanks to a public outburst. Jerome Roberts, a local lawyer representing the curly-haired entrepreneur, said the court session happened without his knowledge — things were moving “prematurely,” he said.

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Cryptocurrency news by ProtosBy Protos