FTX founder Sam Bankman-Fried agrees to extradition in crypto fraud case

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FTX founder Sam Bankman-Fried agrees to extradition in crypto fraud case
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BREAKING: FTX founder Sam Bankman-Fried agrees to be extradited from the Bahamas to the U.S.

FTX founder Sam Bankman-Fried is led away in handcuffs by officers of the Royal Bahamas Police Force in Nassau on Dec.13, 2022.Indicted FTX founder Sam Bankman-Fried on Tuesday agreed to be extradited from the Bahamas to the United States, according to a Bahamian court official.

The paperwork has been filed with the court, and Bankman-Fried will fly to the U.S. on Wednesday, said Doan Cleare, acting Commissioner of Corrections, Bahamas Department of Correctional Services. Bankman-Fried, 30, is accused of misappropriating billions of dollars deposited in FTX, a huge cryptocurrency exchange

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