Bankman-Fried in US custody, two associates plead guilty to FTX fraud

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AFP

Nassau (Bahamas) (AFP) – US law enforcement on Wednesday took custody of Sam Bankman-Fried and were flying him from the Bahamas to New York, where prosecutors said two associates of the FTX founder had now pled guilty to charges related to the company’s collapse. Bankman-Fried is wanted in the United States after the collapse of his FTX cryptocurrency group — headquartered in the Bahamas — and on Wednesday waived his right to challenge an extradition request, the island nation’s attorney general said. US Attorney Damian Williams announced Wednesday night that the FBI had taken the 30-year-ol…

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