KNTV NBC Nightly News With Lester Holt June 4, 2024 02:42:00
One-time crypto king is heading back to the u.s. after agreeing to be extradited from the bahamas. former billionaire sam bankman-fried faces charges including wire fraud and money laundering stemming from the dramatic collapse of his massive cryptocurrency exchange, ftx >> this case is one of the biggest financial fraud cases to ever come through the federal court system. >> reporter: billions of dollars vanished when the crypto firm imploded suddenly last month bankman-fried denies that ftx misappropriated customer funds when it made loans to another one of his companies, alameda, a hedge fu...
Source: archive.org