9.5 C
New York

Disgraced FTX founder Sam Bankman-Fried arrested in The Bahamas after apparent charges filed in US


Disgraced crypto king and FTX co-founder Sam Bankman-Fried has been arrested by authorities within the Bahamas after apparent charges were filed within the US.

The Office of Attorney General within the Bahamas said on Monday night that Bankman-Fried was detained following criminal charges filed by the US Justice Department and the office is predicted to help his extradition.

The shaggy-haired former billionaire witnessed his empire collapse when his FTX exchange had a large run on assets and imploded.

“The Bahamas and america have a shared interest in holding accountable all individuals related to FTX who could have betrayed the general public trust and broken the law,” Bahamian Prime Minister Philip Davis said.

A house in The Bahamas linked to disgraced FTX-co-founder Bankman-Fried.

Albany Bahamas
An Albany Bahamas property tied to Bankman-Fried.

A Bahamas penthouse tied to SBF.
A Bahamas penthouse tied to SBF.

A Bahamas penthouse tied to SBF.

This can be a developing story

Get the latest Sports Updates (Soccer, NBA, NFL, Hockey, Racing, etc.) and Breaking News From the United States, United Kingdom, and all around the world.

Related articles


Recent articles