Sources: the fall of FTX, one of the first companies to receive a license in Dubai, prompts concerns from UAE officials over embracing crypto too quickly (Ben Bartenstein/Bloomberg)

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

CNBC:
Sam Bankman-Fried agrees voluntarily to be extradited to the US, where he faces criminal and civil charges including conspiracy, fraud, and money laundering  —  – Sam Bankman-Fried is set to fly to the U.S., where he faces multiple criminal charges tied to the collapse of his crypto exchange FTX.

Andrew Rummer / The Block:
FTX’s Sam Bankman-Fried insists the exchange is “fine” after Binance begins selling FTX’s FTT; a recently leaked Alameda balance sheet showed $8B in liabilities  —  – FTX CEO Sam Bankman-Fried insisted his crypto exchange is “fine” after rival Binance announced it would start selling its holdings of FTX’s FTT token.

Rohan Goswami / CNBC:
Citing Sam Bankman-Fried as a flight risk, a Bahamas magistrate judge denies him bail and says he should be remanded to Bahamian custody until February 8, 2023  —  A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried and said he should be remanded …

Wall Street Journal:
Sources: Sam Bankman-Fried has unsuccessfully continued to attempt to raise $8B to plug FTX’s shortfall, despite filing for bankruptcy and resigning as CEO  —  Alongside a few remaining employees, Mr. Bankman-Fried spent the weekend calling around in search of new commitments from investors

Jasper Ward / Reuters:
Source: Sam Bankman-Fried plans to reverse his decision to contest extradition to the US; legal experts say any trial is likely more than a year away  —  Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition …