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FTX boss Sam Bankman-Fried arrives in US to face charges

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Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges.

The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said.

Mr Bankman-Fried, who denies the allegations, may appear in court later on Thursday morning.

Two of his former associates have pleaded guilty to related charges.

Source:cnbc.com

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