The Bahamas authorities has introduced that former FTX CEO Sam Bankman-Fried will journey to the U.S. tonight, Dec. 21.

A doc from the Workplace of the Lawyer Common of the Bahamas confirmed Bankman-Fried’s departure from the island nation. It added that the U.S. has requested a provisional arrest warrant for Bankman-Fried “in anticipation of his extradition in keeping with an extradition treaty between the 2 nations.”

The Bahamian authorities additional famous that Bankman-Fried’s written consent to extradition satisfies its authorized necessities even with out formal extradition proceedings.

Over this week, Bankman-Fried and his authorized staff have reversed their stance on whether or not they would combat extradition to the USA.

Bankman-Fried and his authorized staff dropped their combat towards extradition on Monday, Dec. 19. The previous CEO signed extradition papers yesterday, Dec. 20, and rapid extradition was granted earlier at this time. He’ll try and safe bail within the U.S.; if that fails, he’ll seemingly be held in New York’s Metropolitan Detention Middle, Brooklyn.

Bankman-Fried was initially arrested on Dec. 12 following the collapse and chapter of the FTX cryptocurrency change.

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