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WATCH: Bankman-Fried Returns to US as Associates Flip
Sam Bankman-Fried lands in the US to face charges, the Ukrainian president visits Washington and China plans to cut quarantine requirements.
FTX co-founder Sam Bankman-Fried landed in the US late Wednesday to face a range of criminal charges. He is expected to make his first appearance in Manhattan federal court on Thursday. His lawyers may seek bail. Two of his associates, Caroline Ellison and Gary Wang, have pleaded guilty to criminal charges and have agreed to work with prosecutors. Meanwhile, it has emerged that FTX used a token it invented to fund its takeover of trading platform Blockfolio, according to financial statements obtained by Bloomberg News.