FTX founder to be extradited from Bahamas to face charges in US

The 30-year-old could potentially spend the rest of his life in jail.

FTX founder Sam Bankman-Fried is being extradited (Rebecca Blackwell/AP)

Sam Bankman-Fried has told a court in the Bahamas that he has agreed to be extradited to the US to face criminal charges related to the collapse of cryptocurrency exchange FTX.

The former FTX CEO left a magistrate’s court and headed to Odyssey Aviation to return to the United States, according to Bahamian news organisation Our News.