Bankman-Fried Extradition Hearing May Have FTX Co-Founder Facing Charges in US Soon 

  • Bahamas court will consider FTX co-founder’s position
  • He’s expected to drop extradition fight and agree to be sent
Watch: Sam Bankman-Fried plans to drop his fight against US extradition.Source: Bloomberg
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Sam Bankman-Fried’s plans to drop his fight against US extradition will get a hearing in a Bahamas court on Wednesday.

An official for the Magistrate’s Court in Nassau told reporters that the tribunal would take up the matter at 11 a.m. local time on Wednesday. The hearing could result in the FTX co-founder being quickly sent to the US to face a range of criminal charges in connection with the collapse of the exchange.