FTX chief Bankman-Fried could fight extradition from Bahamas
DISGRACED cryptocurrency tycoon Sam Bankman-Fried indicated on Tuesday that he could fight extradition from the Bahamas after the US Justice Department obtained his arrest on fraud charges lodged in New York.
Bankman-Fried told a court in Nassau after his arrest on a US request that he would not waive his right to a hearing on extradition, local media reported from the court.
Earlier Tuesday the US Justice Department and Securities and Exchange Commission filed criminal and civil charges against the one-time crypto billionaire and media star alleging he cheated investors in FTX and misused funds that belonged to FTX customers.