SBF signed extradition papers yesterday and will be handed to the FBI soon.
SBF will sign another agreement to waive his right to oppose his extradition.
From 2019 until its collapse, SBF and other executives of FTX mismanaged users’ funds, as per allegations.
Funds from the crypto exchange financed Alameda Research’s investment in crypto firms.
According to an indictment filed by the U.S. Attorney for the Southern District of New York, SBF will face eight charges.
The former CEO will also face charges from the DOJ, SEC, and CFTC.
Former FTX CEO Sam Bankman-Fried has signed his extradition papers and is set to face criminal charges in the United States.
Before signing the agreement, SBF insisted that he didn’t want to be tried in the US on seeing the indictment against him. However, reports revealed that SBF agreed to his extradition in principle on December 19.
SBF will sign another agreement today to waive his right to oppose extradition. Once he signs the a
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