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Nassau, Bahamas CNN —FTX founder Sam Bankman-Fried Monday morning arrived in court in the Bahamas where he is expected to drop his extradition fight, clearing a significant hurdle to return him to US soil to be prosecuted on multiple charges of fraud and conspiracy. Bankman-Fried had initially planned to fight efforts to return him to the United States. But after a week in Nassau’s notorious Fox Hill prison, he appears less interested in keeping up what would have likely been a yearslong battle to avoid extradition. The US State Department reported that conditions at Fox Hill, the Bahamian prison where Bankman-Fried has stayed since his arrest last Monday, are harsh. Bankman-Fried’s lawyer declined to comment on a timeline for his return to the United States.
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