The founder of the cryptocurrency exchange FTX has been arrested in the Bahamas, and federal prosecutors in have filed charges in New York.
The founder of the cryptocurrency exchange FTX has been arrested in the Bahamas, and federal prosecutors in the United States have filed charges in New York.
"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY," U.S. Attorney Damian Williams wrote in a statement shared on Twitter."We expect to move to unseal the indictment in the morning and will have more to say at that time."
FTX was a global company that allowed individual investors to trade cryptocurrencies, growing to be the third-largest exchange by volume.
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