From FTX founder Sam Bankman-Fried could be extradited to US from Bahamas
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FTX founder Sam Bankman-Fried, second right, is escorted out of Magistrate Court toward a Corrections van, following a hearing in Nassau, Bahamas, December 19, 2022. (AP Photo/Rebecca Blackwell)
Sam Bankman-Fried is back in a Bahamian court for an extradition hearing that could clear the way for the one-time billionaire to be sent to the US to face criminal charges related to the collapse of cryptocurrency exchange FTX.
In a court in Nassau, Bahamas, on Monday, Bankman-Fried’s lawyers said he had agreed to be extradited to the US, but the necessary paperwork had not yet been written up. If approved, Bankman-Fried could be on a plane to the US as early as this afternoon.
The 30-year-old could potentially spend the rest of his life in jail.
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