FTX co-founder Sam Bankman-Fried handed over to US authorities, arrives in New York

Posted on AllSides December 22nd, 2022
From The Right

Fallen crypto mogul Sam Bankman-Fried left the Bahamas on Wednesday night and landed in New York after he was transferred to FBI custody.

Bankman-Fried, who is being prosecuted in the Southern District of New York, faces fraud and other criminal charges related to the sudden implosion of his billion-dollar empire and crypto exchange FTX.

The alleged fraudster will appear in front of a federal judge “as soon as possible,” Manhattan US Attorney Damian Williams said in a Wednesday night statement.

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