2 years ago
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Image source, Getty Images
Mr Bankman-Fried was escorted by corrections officers to the Magistrates' Court successful the Bahamas
By Tom Gerken
Technology reporter
Sam Bankman-Fried, the erstwhile brag of the bankrupt cryptocurrency speech FTX, has agreed to beryllium extradited from the Bahamas to the US to look charges.
US authorities person accused Mr Bankman-Fried of committing "one of the biggest fiscal frauds successful US history".
FTX has filed for bankruptcy, leaving galore radical incapable to retreat funds.
The 30-year-old, who denies the allegations, has agreed to the extradition, according to an affidavit his defence lawyer work successful court.
The affidavit, signed by Mr Bankman-Fried connected 20 December, says helium is agreeing to beryllium extradited successful portion retired of a "desire to marque the applicable customers whole".
According to a tribunal filing, FTX owed its 50 largest creditors astir $3.1bn (£2.5bn).
English (US)