Authorities in the Bahamas arrest Samuel Bankman-Fried, the founder of a now-defunct cryptocurrency exchange, at the request of the US government
Bankman-Fried’s arrest comes one day before he was to testify before the House Financial Services Committee about the spectacular multi-billion dollar implosion of his company that sent shockwaves through crypto markets.
US Attorney for the Southern District of New York Damian Williams said the FTX founder was arrested Monday evening based on a sealed indictment filed by his office. US authorities expect to unseal the indictment Tuesday morning, and more will be said at that time.
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Former FTX CEO Sam Bankman-Fried arrested in Bahamas | EngadgetThe Bahamas Attorney General's Office announced Monday that Bankman-Fried has been arrested there and is likely to be extradited in short measure back to the US to stand trial.
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Former FTX CEO Sam Bankman-Fried arrested in the BahamasNEW YORK (AP) — The former CEO of failed crypto firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of the U.S. government, the U.S. attorney’s office in New York said Monday.
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Former FTX CEO Bankman-Fried arrested in Bahamas, U.S. to unveil charges(Reuters) -Sam Bankman-Fried, who founded and led FTX until a liquidity crunch forced the Bahamas-based cryptocurrency exchange to declare bankruptcy, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors. The attorney general's office for The Bahamas said it proceeded with the arrest after receiving formal confirmation of charges against Bankman-Fried, adding that it expects he will be extradited to the United States. A spokesman for the U.S. Attorney's office in Manhattan confirmed Bankman-Fried had been arrested in The Bahamas but declined to comment on what the charges were.
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Former FTX CEO Sam Bankman-Fried arrested in BahamasBankman-Fried was arrested based on charges filed in the U.S., which will be unsealed Tuesday morning, officials said.
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