Crypto mogul agrees to be extradited

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In the US, he is charged with, among other things, fraud and money laundering.

Jerone Roberts, the defense attorney in the extradition case, says that Bankman-Fried has “voluntarily” agreed to be extradited and that they will now submit the required documents.

Sam Bankman-Fried was arrested on Monday. His lawyers indicated on Friday that he would oppose extradition to the United States, where he faces more than 100 years in prison if convicted on all eight counts, according to the indictment.

The US Financial Supervisory Authority (SEC) has described FTX as “a house of cards built on fraud”.

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