Sam Bankman-Fried Flies to US After Extradition, Two Associates Plead Guilty to Fraud

Sam Bankman-Fried was extradited to the US from the Bahamas on Wednesday, while two of his former associates pled guilty to charges of fraud. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, decided to cooperate with the government in a move that will ramp up the pressure on the former CEO of the collapsed crypto exchange FTX.

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