Sam Bankman-Fried, the disgraced former CEO of FTX, is heading back to the U.S. Wednesday but where he will land, in jail or somewhere much more comfortable, is unclear.
Bankman-Fried earlier Wednesday agreed to be extradited back to the U.S., where he faces fraud and other criminal charges related to the demise of FTX, once valued at $32 billion. He is expected back in the U.S. by Wednesday evening, and is expected to be arraigned in Federal District Court in Manhattan, but he will not appear in court tonight, Fortune has learned.
