Sam Bankman-Fried, who is facing charges in the United States following the collapse of his cryptocurrency company, FTX, is prepared to waive extradition from the Bahamas during a court appearance that could occur as soon as Monday.
After federal charges against him were unsealed, defense attorney Mark Cohen said Bankman-Fried was reviewing the indictment and considering his options.A U.S. government plane is waiting in the Bahamas to bring Bankman-Fried to New York, where he lived in a $30 million penthouse while running FTX until it collapsed in a $32 billion bankruptcy in November.
Since the collapse of FTX, federal prosecutors in the Southern District of New York have been looking at Bankman-Fried, sources have told ABC News.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 expected to waive extradition from Bahamas: SourcesSam Bankman-Fried, who is facing charges in the U.S. following the collapse of his cryptocurrency exchange, FTX, is prepared to waive extradition from the Bahamas.
Read more »
Sam Bankman-Fried 'arrogant,' 'scared' at Bahamas prison: officialSam Bankman-Fried appeared 'a little arrogant' and 'awfully scared' when he arrived at Bahamas prison but is now in 'good spirits,' official says
Read more »
Sam Bankman-Fried Won’t Fight Extradition From Bahamas: Report'The New York Times' reports that the disgraced wunderkind, who presided over the rise and fall of the cryptocurrency exchange FTX from his Caribbean base, is expected to agree to a swift return to the United States when he appears in court on Monday.
Read more »
Sam Bankman-Fried Is Expected to Consent to Extradition From BahamasFTX founder Sam Bankman-Fried plans to consent to U.S. extradition from the Bahamas to face criminal charges, people familiar with the matter said
Read more »
Shark Tank host, FTX investor Kevin O'Leary defends Sam Bankman-Fried'Shark Tank' host and FTX investor Kevin O'Leary defends Sam Bankman-Fried for demise of his cryptocurrency exchange
Read more »