FTX founder Sam Bankman-Fried is arrested in the Bahamas after U.S. law enforcement files criminal charges, local prosecutors say.
Sam Bankman-Fried, the disgraced co-founder and former head of digital-asset exchange FTX, was arrested in the Bahamas on Monday, the nation’s government said.
Bankman-Fried’s detention followed a notification from the U.S. that it had filed criminal charges against him, the Bahamas attorney general said in a statement. Authorities in both countries had been probing his involvement in the company’s collapse last month. In a statement, U.S. Atty. for the Southern District of New York Damian Williams said the arrest was made at the request of the American government.
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