Month: December 2022

On December 21, 2022, Sam Bankman-Fried appeared in a Bahamian court and waived his right to contest an extradition request by U.S. prosecutors, to return him to New York to face a federal indictment accusing him of fraud, relating to the collapse of the FTX...

American crypto currency entrepreneur, Sam Bankman-Fried has been arrested in the Bahamas on a federal indictment filed against him in the United States. So what happens next for Mr. Bankman-Fried? He will now face extradition. Extradition is the formal process of one...