FTX’s Bankman-Fried, facing extradition, to appear in Bahamas court -source

Published by
Reuters UK

NASSAU (Reuters) -Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges in the United States over the collapse of the bankrupt cryptocurrency exchange, is expected to appear in court in The Bahamas on Tuesday, a person familiar with the matter said. Another person with knowledge of Bankman-Fried’s plans told Reuters he had decided not to fight extradition to New York, where federal prosecutors last week charged him with using stolen FTX customer funds to plug losses at his hedge fund, Alameda Research. Neither a spokesperson for the U.S. Attorney’s office in Manhattan nor Bankm…

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