Sam Bankman-Fried (SBF), the former CEO of FTX, has agreed to be extradited to the United States to face criminal charges, according to his attorney, Jerone Roberts.
Roberts stated that SBF has agreed to the voluntary extradition and will complete the process in court later today. It is possible that SBF could be extradited on the same day as his court appearance.
The decision to extradite is reportedly motivated by SBF’s desire to “put the customers right.” SBF is facing charges in the US from the Securities and Exchange Commission, the Commodities and Futures Trading Commission, and the Department of Justice.
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.
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