Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request – Bitcoin News

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Report: FTX Co-Founder Bankman-Fried Plans to Surrender to US Extradition Request – Bitcoin News
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Disgraced FTX co-founder Sam Bankman-Fried (SBF) has reportedly reversed his decision to contest his extradition to the United States.

Bankman-Fried has spent close to five days in the Bahamas Department of Correctional Services jail Fox Hill, an overcrowded prison known for being filthy and one that has been accused of prison maltreatment.reported

that “a person familiar with the matter said on Saturday” that Sam Bankman-Fried plans to be more accepting of being extradited to the United States. The source noted that SBF will “reverse his decision to contest extradition” when he appears in court on Monday. The former FTX CEO was supposed to remain at Fox Hill until Feb. 8, 2023, after judge Ferguson-Pratt denied SBF’s request to be released on bail.

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