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

By KEN SWEET
AP Business Writer

NEW YORK (AP) — 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. That’s according to a source familiar with the matter who spoke with 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’s lawyers said he had agreed to be extradited to the U.S., but 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.