Wednesday , December 18 2024
Home / Crypto news / Sam Bankman-Fried Won’t Contest Extradition to the US: Report

Sam Bankman-Fried Won’t Contest Extradition to the US: Report

Summary:
Sam Bankman-Fried – the former CEO of defunct crypto exchange FTX – will supposedly reverse his decision to contest extradition to the US. According to a Reuters report, SBF will appear before the court in the Bahamas on Monday, December 19. Bankman-Fried is currently held at a correctional facility in the Bahamas following his arrest on December 13. He faces multiple charges, including criminal, and is being investigated by the DOJ, SEC, and the CFTC. It was previously said that SBF will fight extradition requests, but according to sources familiar with the matter, he will be reversing this decision on Monday (December 19th). You Might Also Like:

Topics:
George Georgiev considers the following as important: , , ,

This could be interesting, too:

Chayanika Deka writes Ethena Labs Launches USDtb, Backed by BlackRock’s BUIDL Fund

Wayne Jones writes Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations

Wayne Jones writes USDT Transfer Volume on TRON Reaches All-Time High of 7.2B

Chayanika Deka writes Lido Announces Phase-Out of Polygon Liquid Staking Protocol After Community Vote

Sam Bankman-Fried – the former CEO of defunct crypto exchange FTX – will supposedly reverse his decision to contest extradition to the US.

According to a Reuters report, SBF will appear before the court in the Bahamas on Monday, December 19.

  • Bankman-Fried is currently held at a correctional facility in the Bahamas following his arrest on December 13.
  • He faces multiple charges, including criminal, and is being investigated by the DOJ, SEC, and the CFTC.
  • It was previously said that SBF will fight extradition requests, but according to sources familiar with the matter, he will be reversing this decision on Monday (December 19th).

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *