FTX founder agrees to extradition, expected to fly to US
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December 21, 2022
NEW YORK (AP) — Sam Bankman-Fried told a Bahamian court Wednesday that he has agreed to be extradited to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX.
The former FTX CEO appeared at a Magistrate's Court and is expected to head to Odyssey Aviation to return to the United States, according to Bahamian news organization Our News.
Bahamian authorities arrested Bankman-Fried last week at the request of the U.S. government. U.S. prosecutors allege he played a central role in the rapid collapse of FTX and hid its problems from the public and investors....
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