Sam Bankman-Fried has consented to extradition to the United States, according to an affidavit his lawyer read at a court hearing in the Bahamas.
The FTX founder told a Bahamas judge that he wishes to waive his right to formal proceedings over his extradition to the US, where he faces fraud charges over the cryptocurrency exchange's collapse.
The affidavit, dated 20 December, reads that he has decided to agree to extradition in part out of a "desire to make the relevant customers whole."
Mr Bankman-Fried's defense lawyer told a magistrate judge in open court in the Caribbean nation that his client was "anxious to leave".
Officials with the FBI and the United States Marshals Service - which handles transportation of individuals in US custody - have arrived in capital Nassau, a person familiar with the matter said this morning.
It was not immediately clear when Mr Bankman-Fried would depart the Caribbean nation for New York.
Federal prosecutors in Manhattan last week charged the 30-year-old cryptocurrency mogul with stealing billions of dollars in FTX customer assets to plug losses at his hedge fund, Alameda Research, in what US Attorney Damian Williams called "one of the biggest financial frauds in American history."
Mr Bankman-Fried was arrested on a US extradition request last week in The Bahamas, where he lives and where FTX is based.
He initially said he would contest extradition, but Reuters and other outlets reported over the weekend that he would reverse that decision.
Mr Bankman-Fried's US-based defense lawyer, Mark Cohen, did not immediately respond to a request for comment.
A spokesman for the US Attorney's office in Manhattan declined to comment.
Mr Bankman-Fried has acknowledged risk-management failures ..
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