A court hearing was stopped earlier in the day when his attorneys said it was premature for him to stand before the court.
Jerone Roberts, a local defense attorney for Bankman-Fried, told The New York Times that lawyers will prepare the necessary documents for extradition. "Mr. Bankman-Fried wishes to put the customers right, and that is what has driven his decision," the Times quoted Roberts telling reporters.The downfall of FTX and its founder, Sam Bankman-Fried, has some questioning the future of cryptocurrency.
"We want him to feel the weight of what he’s done," said Ben Armstrong, the founder of the BitBoy Crypto website. Armstrong said he’d come to the courthouse with a dozen people, some of whom had lost their money with FTX. Bankman-Fried’s downfall, from crypto evangelist to pariah, occurred with stunning speed. FTX filed for bankruptcy protection on Nov. 11 when it ran out of money after the cryptocurrency equivalent of a bank run.
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