Sam Bankman-Fried, the former CEO of the collapsed FTX crypto exchange, will depart the Bahamas on Wednesday evening to be extradited to the U.S., the Office of the Attorney General said in an emailed statement.
"The Bahamas has determined that the provisional arrest, and subsequent written consent by SBF to be extradited without formal extradition proceedings satisfies the requirements of the Treaty and our nation’s Extradition Act.," Attorney General Sen. Ryan Pinder KC said in the statement.
The Bahamas foreign minister signed the warrant of surrender for Bankman-Fried today, the ministry said in a separate statement.
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