FTX founder Sam Bankman-Fried inched closer to being transferred into U.S. custody to face criminal charges related to the cryptocurrency exchange’s collapse, after a chaotic court hearing in the Bahamas yesterday in which his local lawyer appeared at odds with his U.S. legal team, the Wall Street Journal reported. Bankman-Fried has agreed to be extradited and plans were being fleshed out by his legal team after the day’s court proceedings. Bankman-Fried’s lawyers hope to have a new hearing on the matter as early as today.
