Sam Bankman-Freeid, a FTX Founder, Is Back in the U.S.

Sam Bankman-Freeid was arrested in the Bahamas at the request of federal prosecutors. He now faces numerous charges in New York, including wire fraud and money laundering. The 30-year-old agreed not to fight extradition today. It is expected he will be arraigned here in New York City this week. If convicted major, he could spend the rest of his life in prison.