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May 2, 2024
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Sam Bankman-Fried headed to US after extradition from Bahamas

FTX founder faces eight criminal charges, including for fraud, conspiracy and money-laundering

Sam Bankman-Fried, the jailed founder of the collapsed cryptocurrency exchange FTX, has been extradited to the United States, where he faces criminal charges, Bahamian authorities said.

Reporters on the scene witnessed Bankman-Fried leaving a magistrate court in Nassau in a dark SUV earlier Wednesday. The vehicle was later seen arriving at a private airfield by Nassau’s airport, from which he is expected to be flown to the United States. He is due to land in New York and will likely appear in front of a US judge on Thursday.

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