BREAKING NEWS: FTX founder Sam Bankman-Fried agrees to be extradited to US, where he faces criminal charges
the founder of the now-collapsed cryptocurrency exchange FTX, is preparing to head to the U.S. Wednesday to face charges after a Bahamas judge approved his extradition request.
The 30-year-old consented to be extradited in part of a "desire to make the relevant customers whole," his lawyer read from an affidavit inside a Bahamas courtroom, according to Reuters. The decision enables Bankman-Fried to be flown to the U.S. as early as this afternoon, the news agency adds. Officials with the FBI and U.S. Marshals Service arrived in Nassau this morning, Reuters also reported, citing a person familiar with the matter.in the Bahamas earlier in the month. He has since been hit with multiple charges from the Southern District of New York and the Securities and Exchange Commission.
FTX founder Sam Bankman-Fried, center, is escorted from a Corrections Department van as he arrives at the Magistrate Court building for a hearing, in Nassau, Bahamas, Wednesday, Dec. 21, 2022.
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