Cryptocurrency exchange founder agrees on extradition to U.S. | USA TODAY

Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, has agreed to be extradited back to the U.S. to face federal fraud charges.

RELATED: Kevin O'Leary grilled on FTX crypto exchange collapse | USA TODAY

The decision comes just a week after Bankman-Fried’s lawyers had initially said that they planned to fight extradition. An extradition hearing had been scheduled for Feb. 8. His turnabout could speed up the timetable for him to be sent to the U.S.

Bahamian authorities arrested Bankman-Fried last Monday at the request of the U.S. government. The former FTX CEO faces criminal charges in the U.S., including wire fraud and money laundering, as well as civil charges. The 30-year-old could potentially spend the rest of his life in jail.

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38 comments

    1. Donna Patricia is the key to robust profits. I’m currently tradíng with her also. Started off with a low amount and now my portfolio is unbelievable.

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  1. The wisest thing that should be on everyone’s mind currently should be to invest in different streams of income that doesn’t depend on the govt. Especially with the current economic crisis around the world. This is still a good time to invest in Gold, Silver and digital currencies (BTC,ETH…)

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    1. Donna Patricia is the key to robust profits. I’m currently tradíng with her also. Started off with a low amount and now my portfolio is unbelievable.

    2. strongly agree with you guys, Donna’s team is the best, My funds are safe and ROI is always sent directly to my external wallet exchange monthly

    3. Wow! I’m really surprised Donna Patricia is being mentioned here. I initially started off with her last year with 5k and now my portfolio is worth over a 100k

    4. Coincidentally I met Mrs Donna in a conference in Dallas. She shared me her views on the market and her strategies were really mind blowing!. I really recommend her

  2. He’s really pleading to the judge to move to US and continue the hearing there, or maybe he doesn’t like his situation on Bahamas’ jail. Still waiting for more updates on this as I DMOR on AshSwap’s stable-swap DEX platform.

  3. He is being charged for laundering in other words?
    You hear of the hype surrounding crypto bank and I still don’t get it.

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