Former FTX CEO Bankman-Fried agrees to to be extradited to US
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Sam Bankman-Fried (SBF), former CEO and C0-founder of bankrupt crypto exchange FTX, have reportedly agreed to be extradited to the US. SBF was arrested from his penthouse in the Bahamas last week and has been officially charged by the US authorities with defrauding equity investors. In the US, he is set to face a long list of criminal and civil charges covering fraud, money laundering, and more. If convicted, he faces 115 years in jail.