© Reuters. FTX founder Sam Bankman-Fried arrives in New York for trial
New York, December 22 (.).- The founder of cryptocurrency platform FTX, Sam Bankman-Fried, arrived in New York on Wednesday evening to stand trial on multiple charges brought against him by US authorities following the bankruptcy of the his company.
Sam Bankman-Fried, returned to the United States after being extradited from the Bahamas, where he was being held, and agreeing to be sent back to New York to stand trial, US network Fox reported Thursday.
According to the chain, the alleged fraudster was seen walking off the runway, after arriving at a New York airport, surrounded by law enforcement officers, before being loaded into a van and left behind with a caravan of vehicles.
The inmate will appear before a federal judge “as soon as possible,” Manhattan federal prosecutor Damian Williams said in a statement, the New York Post reported today.
Bankman-Fried said in the Bahamas that it agreed to his extradition in part because of his “desire to compensate customers affected” by the bankruptcy of FTX, which filed for bankruptcy Nov. 11 after rapidly collapsing after many users quit. rushed to withdraw their funds amid reports that questioned the solvency of the company.
Bankman-Fried’s legal team said on Monday that their client has agreed to waive his right to contest extradition, meaning he will face trial in the United States, where he faces eight counts by the attorney’s office. of the United States for the Southern District of New York.
Among the crimes he is accused of are wire fraud, money laundering and violating campaign finance laws.
The return of the FTX creator comes just as two of his partners have pleaded guilty to wire fraud, among other felonies, Manhattan U.S. Attorney Damian Williams announced Wednesday.
Former CEO of Alameda Research, a company founded by Bankman-Fried that was the investment arm of FTX, Carolyn Ellison, and FTX co-founder Gary Wang, pleaded guilty to criminal charges “in connection with their role in the fraud that contributed to the collapse”. of the company, Williams said in a video.
Williams added that the two are collaborating on his investigation into the “major fraud project” that the cryptocurrency guru allegedly spearheaded and contributed to the company’s spectacular collapse, which has wreaked havoc on the industry.
The prosecutor ensured that the investigations “advance rapidly”.
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