Investing

SBF Extradition Hearing Will Resume This Wednesday

Alex Wong / Getty Images News via Getty Images

A court magistrate in the Bahamans confirmed on Tuesday that Sam Bankman-Fried will be returning to court on Wednesday.

Courtroom chaos on Monday brought into question whether there would be another hearing on the extradition of Bankman-Fried to the US this week.

After initially claiming he would contest the extradition, Sam Bankman-Fried’s Bahamas lawyer confirmed on Monday that his client agreed to voluntary extradition to the US.

Sam Bankman-Fried was arrested by the Bahaman police on December 12th in the aftermath of the collapse of his exchange, FTX.

In the United States, Sam Bankman-Fried is being charged by the SEC, the CFTC, and the DoJ for a slew of major financial crimes that may lead to a life sentence.

This article originally appeared on The Tokenist

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.