Extradition of FTX founder Sam Bankman-Fried to the US begins

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Extradition of FTX founder Sam Bankman-Fried to the US begins
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Disgraced FTX founder Sam Bankman-Fried agrees to be extradited to the US

Disgraced FTX founder Sam Bankman-Fried completed his extradition paperwork Wednesday and is set to be transported from the Bahamas to the US, where he will face a slew of criminal charges over allegations he defrauded $1.8bn from investors.

He arrived in Magistrate Court building in Nassau, Bahamas around 11 a.m. Wednesday and told the judge he is waiving his right to a lengthy extradition hearing. Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted into the Magistrate Court building in Nassau, Bahamas December 21, 2022.Getty Images

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