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FTX’s Bankman-Fried appears at Bahamas court; expected to waive extradition

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Reuters UK

By Jared Higgs, Luc Cohen and Jasper Ward Nassau, Bahamas/NEW YORK (Reuters) -Sam Bankman-Fried, founder of now-bankrupt crypto exchange FTX, appeared outside court in the Bahamas on Monday ahead of a hearing where he is expected to agree to be extradited to the United States, according to a Reuters witness. Bankman-Fried initially had said he would fight extradition after his arrest a week ago in the Bahamas, where he lives and FTX is based. He was denied bail and remanded to the Caribbean nation’s Fox Hill prison. Reuters reported first on Saturday that Bankman-Fried would return to court to…

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