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FTX’s Bankman-Fried appears at Bahamas court; expected to waive extradition
Bankman-Fried initially had said he would fight extradition after his arrest a week ago in the Bahamas, where he lives and FTX is based. He was denied bail and remanded to the Caribbean nation's Fox Hill prison.Reuters reported first on Saturday that Bankman-Fried would return to court to reverse his decision, citing a source.