FTX founder Sam Bankman-Fried is facing charges of fraud and conspiracy in the U.S.
, did not waive his right to an extradition hearing at a court appearance in the Bahamas on Monday as expected, casting uncertainty around his potential transport to the U.S. for prosecution.
Bankman-Fried has been held in the medical ward of the island's Fox Hill prison, after an application for bail was denied when a judge determined he was too much of a flight risk. A U.S. government plane is waiting to fly Bankman-Fried back from the Bahamas, where he lived in a $30 million penthouse while running FTX until it collapsed in a $32 billion bankruptcy in November.
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