Sam Bankman-Fried Changes Mind About Challenging US Extradition After Short Stay in Hellish Bahamian Prison
Disgraced cryptocurrency exchange executive Sam Bankman-Fried has changed his mind about fighting the United States’ attempt to extradite him from the Bahamas.
Bankman-Fried stands accused of defrauding the investors in his now-defunct exchange, FTX, out of billions of dollars.
The 30-year old former billionaire is expected to waive his extradition contest in a Monday court hearing, according to Reuters.
The change in Bankman-Fried’s legal strategy comes after a brief stay of just fo
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