Sam Bankman-Fried extradition to US inches closer

clock • 1 min read

Sam Bankman-Fried, the founder of crypto exchange FTX, has reportedly agreed to be extradited from The Bahamas to the US, to face criminal charges relating to alleged fraud at the business - which collapsed into bankruptcy in November 2022. However, there may be a further series of formalities to conclude later in the week before any extradition is finally granted. US financial outlet Forbes described a court hearing yesterday (Monday 19 December) as "chaotic", noting "Bankman-Fried is expected to make another court appearance to formalize the extradition later in the week." The FT...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login