Tuesday, November 5, 2024

The founder of the FTX cryptocurrency platform accused of fraud will be extradited to the United States

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Samuel Bankman Fried, Founder of the cryptocurrency trading platform FTX And interned in the Bahamas, has agreed to be It was delivered to the United States. In the North American country it is charged eight charges By the Office of the Attorney General for the Southern District of New York. This was confirmed by his defense, which is already preparing the “necessary legal documents” for the game.

Bankman-Fried has been incarcerated at the Bahamas Department of Correctional Services since last Tuesday, after being denied bail due to flight hazards. Among the charges against him is a charge Wire fraud and money laundering and violating political campaign finance laws. He resigned from his position as President of FTX following the platform’s announcement bankruptcy.

The detainee allegedly used millions of dollars from FTX clients without their knowledge in his investment firm Alameda Research. Perform risky operations. He is accused of “committing crimes against the United States by engaging in violations of federal laws relating to making, receiving, and reporting contributions, donations, or expenditures.”

FTX, broke

FTX filed for bankruptcy in order to carry out the asset valuation and liquidation process in an orderly manner for the benefit of the interested parties. platform competitor “Kryptos”And the binancehe intended to save her, but in recent days he retracted this decision, creating uncertainty about his solvency.

Sam Bankman-Fried coded the company’s hole in approx 8000 million dollars He noted the need for about $ 4,000 million in order for the company to be able to maintain its solvency.

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