FTX founder Sam Bankman-Fried arrested in Bahamas
It is unclear how much people who have funds in the exchange will get back at the end of bankruptcy proceedings - though many experts have warned it may be a small fraction of what they deposited.Mr Bankman-Fried was once viewed as a young version of legendary US investor Warren Buffett, and as recently as late October had a net worth estimated at more than $15bn.
He had become well known in Washington DC as a political donor, mostly to Democratic politicians or groups, supposedly supporting pandemic prevention and improved crypto regulation.Mr Bankman-Fried will be held in custody "pursuant of our nation's Extradition Act," the Attorney General of the Bahamas said in a statement.
"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US Government, based on a sealed indictment filed by the SDNY [Southern District of New York]. We expect to move to unseal the indictment in the morning and will have more to say at that time," the US Attorney's office in Manhattan said in a tweet.
"The Securities and Exchange Commission has separately authorised charges relating to Mr. Bankman-Fried's violations of our securities laws, which will be filed publicly tomorrow in the Southern District of New York," he added. Mr Bankman-Fried had been due to testify about the collapse of FTX before the US Congress on Tuesday.Mr Bankman-Fried's lawyer did not immediately reply to a BBC request for comment.Police wish to inform that 30-year-old SAMUEL BENJAMIN BANKMAN-FRIED of California, U.S.A, has been arrested.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Former FTX CEO Sam Bankman-Fried arrested in Bahamas, local officials sayBahamas Attorney General says move came after notification that the US had filed criminal charges.
Consulte Mais informação »
FTX founder Sam Bankman-Fried arrested in BahamasFTX filed for bankruptcy last month, leaving many unable to withdraw their funds from the cryptocurrency exchange.
Consulte Mais informação »
Sam Bankman-Fried arrested over collapse of £27bn cryptocurrency empireSHAMED cryptocurrency tycoon Sam Bankman-Fried has been arrested over the collapse of his £27 billion empire. The 30-year-old, who ran his business with his ex-girlfriend Caroline Ellison, now face…
Consulte Mais informação »
Crypto villain Sam Bankman-Fried arrested in BahamasBahamian rap: Crypto villain Sam Bankman-Fried arrested after request from US authorities
Consulte Mais informação »
What to Know: FTX’s Sam Bankman-Fried Arrested in the BahamasThe crypto exchange founder will be extradited to face federal charges from an indictment that will be unsealed Tuesday
Consulte Mais informação »
Ex-CEO of failed crypto firm FTX arrested in the BahamasSam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, was arrested after US prosecutors filed criminal charges.
Consulte Mais informação »