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FTX Founder Bankman-Fried Plans to Surrender to US Extradition Request

Reuters reported that “a person familiar with the matter said on Saturday” that Sam Bankman-Fried (SBF) plans to be more accepting of being extradited to the United States. The source noted that SBF will “reverse his decision to contest extradition” when he appears in court on Monday. The former FTX CEO was supposed to remain at Fox Hill until Feb. 8, 2023, after judge Ferguson-Pratt denied SBF’s request to be released on bail.

The news concerning SBF follows the stories that noted the former FTX executive was residing in Fox Hill’s sick bay dormitory style with five other inmates. 

Reuters further detailed that SBF made a “new bail application before The Bahamas Supreme Court on Thursday,” according to another source familiar with the matter. 

FTX Token FTX Token $2.68
-0.6%
FTX Sam Bankman-Fried
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