SBF Changes Mind On Extradition To US After Four Days In Bahamian Jail

2 years ago
18

SBF Changes Mind On Extradition To US After Four Days In Bahamian Jail
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After spending just five days in a Bahamian jail cell, FTX founder Sam Bankman-Fried is backpedaling on his decision to contest extradition to the United States to face fraud charges,  Reuters  reports, citing a person familiar with the matter. According to the report, SBF will appear in court on Monday to formally consent to extradition – which will pave the way for him to appear in US court to face charges that he commingled customer deposits to cover expenses and debts, and to make investments through his crypto hedge fund, Alameda Research LLC. That said, legal experts tell Reuters that...
Source: https://www.newswars.com/sbf-changes-mind-on-extradition-to-us-after-four-days-in-bahamian-jail/

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