FTX founder Sam Bankman-Fried will return to U.S. Wednesday following Bahamas court hearing

Sam Bankman-Fried, co-founder of FTX, is escorted out of the Magistrate's Court in Nassau, Bahamas, on Monday, Dec. 19, 2022.
Tristan Wheelock | Bloomberg | Getty Images

FTX founder Sam Bankman-Fried signed extradition papers in the Bahamas and will return to the U.S. on Wednesday, a Bahamas prison official told NBC News.

Doan Cleare, Bahamas' acting Commissioner of Corrections, confirmed on Tuesday that Bankman-Fried will fly to the U.S. on federal aircraft following his third courtroom hearing this week.

Bankman-Fried faces eight federal charges, including wire fraud, securities fraud, and money laundering, related to the collapse of his crypto exchange, which sank into bankruptcy last month.

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