FTX co-founder Sam Bankman-Fried is planning to consent to extradition to the U.S. to face criminal charges related to the cryptocurrency exchange’s collapse, people familiar with the matter said.

Former FTX CEO Sam Bankman-Fried is expected to appear in a Bahamas court on Monday to reverse his decision to contest extradition to the US, a person familiar with the matter told CNN.

Bankman-Fried is expected to agree to extradition to the US, the person said. Reuters first reported thank Bankman-Fried would withdraw his extradition fight Monday.

FTX founder Sam Bankman-Fried has been arrested in the Bahamas after the United States filed criminal charges, the Office of the Attorney General of the Bahamas said on Monday.

The arrest was made based on a sealed indictment filed by the United States Attorney’s Office Southern District of New York, the U.S. attorney said. “We expect to move to unseal the indictment in the morning and will have more to say at that time,” said U.S. Attorney Damian Williams in a statement.

A court has formally approved the extradition of Julian Assange to the US on espionage charges, in what will ultimately be a decision for the UK home secretary, Priti Patel.

The Wikileaks co-founder, who has the right of appeal, appeared by videolink during the Westminster magistrates court hearing, which one of his barristers described as a “brief but significant moment in the case”.

Wikileaks founder Julian Assange can be extradited from the UK to the US, the High Court has ruled.

The US won its appeal against a January UK court ruling that he could not be extradited due to concerns over his mental health.

Judges were reassured by US promises to reduce the risk of suicide. His fiancee said they intended to appeal.

Mr Assange is wanted in the US over the publication of thousands of classified documents in 2010 and 2011.

Pro-democracy candidates achieved a staggering victory in Hong Kong’s local elections on Sunday — a peaceful but pointed rebuke of pro-Beijing leadership after six months of sustained protests in the territory.

Sunday’s elections were a landslide for pro-democracy candidates, who won majorities in 17 out of 18 of Hong Kong’s district councils; previously they had majorities in none. Pro-Beijing candidates held 300 seats; they now hold just 58. Indeed, out of 452 seats up for grabs, pro-democracy candidates won about 80 percent, flipping more than half.

HONG KONG — The shooting of a pro-democracy protester by Hong Kong police unleashed a chain of chaotic events Monday, as thousands of demonstrators clashed with riot police in the city’s financial district and violent confrontations erupted at university campuses, plunging the Asian financial hub further into turmoil.

U.S. and European officials have expressed alarm upon learning of the arrests of several Hong Kong pro-democracy activists, lawmakers, and a local official on Aug. 30 in the lead-up to an anticipated mass protest this weekend.

On Aug. 30, at least eight were arrested on charges related to recent protests against an extradition bill that would allow the Chinese regime to transfer individuals to be trialed in mainland China.

Many feared that the proposal would erode Hong Kong’s autonomy, which was guaranteed when the territory reverted from British to Chinese rule in 1997.

Thousands of protesters in Hong Kong on Sunday chanted the US national anthem and called on President Trump to “liberate” the Chinese-ruled city.

The throngs, wearing black shirts and masks, waved American flags​, carried posters that read, “President Trump, please liberate Hong Kong”​ and sang “The Star-Spangled Banner”​ as they marched to the US Consulate under the watchful eyes of riot police.