Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says

FTX CEO Sam Bankman-Fried is being extradited to the U.S. on Wednesday, Ryan Pinder, attorney general of The Bahamas, said in a statement.

"Today the Foreign Minister, who is the Minister responsible for the Extradition Act, signed the Warrant of Surrender for Sam Bankman Fried. This allows the extradition of the subject to the United States of America," a statement said.

This is a developing story and will be updated.