Bahamas hands over FTX founder to face US charges

By Ken Sweet and Rebecca Blackwell | Associated Press

NASSAU, Bahamas — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of the cryptocurrency exchange.

Late Wednesday, A federal prosecutor reported that two associates of Sam Bankman-Fried had pleaded guilty to criminal charges related to the collapse of the cryptocurrency exchange FTX.

Carolyn Ellison, the former CEO of Alameda Research, a trading firm started by Bankman-Fried, and Gary Wang, who co-founded FTX along with Bankman-Fried, pleaded guilty to charges “related to their roles in the fraud that contributed to FTX’s collapse,” U.S. Attorney

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