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shambang been freed the former CEO of cryptocurrency exchange FTX is expected to agree to extradition to the U.S ing to sources bankman freed has been charged with using customers deposits from FTX to fund lavish real estate purchases and invest in other companies as well as making political donations he was arrested in the Bahamas on Monday and denied bail the following day after which he was transferred to Fox Hill prison bankman freed initially stated that he would not waive his right to challenge the extradition but has since indicated that he may agree to it is set to appear in court on Monday to confirm his decision the collapse of FTX in November revealed an 8 billion deficit in the companyamp;#39;s accounts what will happen to bankman Freed if he is extradited to the U.S and found guilty of the charges against him comment your thoughts below and follow nft premiere for more updates