Indicted FTX founder Sam Bankman-Fried to return to U.S. after hearing

Finance


Sam Bankman-Fried, co-founder of FTX, is escorted out of the Magistrate’s Court in Nassau, Bahamas, on Monday, Dec. 19, 2022.

Tristan Wheelock | Bloomberg | Getty Images

FTX founder Sam Bankman-Fried signed extradition papers in the Bahamas and will return to the U.S. on Wednesday, a Bahamas prison official told NBC News.

Doan Cleare, Bahamas’ acting Commissioner of Corrections, confirmed on Tuesday that Bankman-Fried will fly to the U.S. on federal aircraft following his third courtroom hearing this week.

Bankman-Fried faces eight federal charges, including wire fraud, securities fraud, and money laundering, related to the collapse of his crypto exchange, which sank into bankruptcy last month.

This is breaking news. Check back for updates.



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