Hearing on FTX founder's extradition to US set for Wednesday

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Hearing on FTX founder's extradition to US set for Wednesday
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Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition to the U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX.

FTX founder Sam Bankman-Fried, second right, is escorted out of Magistrate Court toward a Corrections van, following a hearing in Nassau, Bahamas, Monday, Dec. 19, 2022. – Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX, a source familiar with the matter told The Associated Press.

The source spoke on condition of anonymity because they were not authorized to speak on the record. In a court in Nassau, Bahamas, on Monday, Bankman-Fried'sbut the necessary paperwork had not yet been written up. It was not immediately clear when Bankman-Fried’s extradition could occur once it is approved by the Bahamian court.

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