The Latest Breaking News on He lost $200,000 when FTX imploded last year. He's still waiting to get it back

Sam Bankman-Fried will have a hearing Wednesday in a Bahamian court on his possible extradition U.S. in the coming days to face criminal charges related to the collapse of cryptocurrency exchange FTX

The disgraced FTX founder will return to the US from The Bahamas to face criminal charges

Regulators have taken too long to enforce basic laws–and that has undermined crypto's credibility, writes Dmitry Gooshchin.

Sam Bankman-Fried arrived a courthouse in the Bahamas Monday morning where he is expected to tell a judge he will not fight extradition to the U.S., where he faces multiple criminal and civil charges related to the collapse of cryptocurrency exchange FTX

Terrence Duffy, chairman of Chicago-based exchange owner CME Group, said his meeting with Sam Bankman-Fried showed FTX had no plan to prevent trading calamities that could have spread across the financial system.

Bankman-Fried potentially faces prison sentence of over 100 years

Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said.

The FTX founder was arrested on Monday in the Bahamas and denied bail, with the judge deeming him a flight risk.

Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday.