Bankman-Fried extradition to U.S. approved: WSJ

Markets•December 21, 2022, 12:23PM EST
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Sam Bankman Fried

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  • Sam Bankman-Fried is headed back to the U.S. to face criminal charges over the collapse of FTX after a judge approved his extradition from the Bahamas.
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Sam Bankman-Fried is headed back to the U.S. to face criminal charges over the collapse of FTX after a judge approved his extradition from the Bahamas, the Wall Street Journal said.

Bankmnan-Fried, who has been jailed since his arrest last week, agreed not to contest his extradition, the WSJ said.

U.S. authorities have charged Bankman-Fried with several crimes, accusing him of committing or conspiring to commit fraud on FTX's customers and lenders, money laundering and conspiracy to defraud the U.S. and violate campaign finance disclosure laws.