Disgraced FTX co-founder Sam Bankman-Fried SBF has been arrested in The Bahamas, according to local reports.
that FTX was subject of an “active and ongoing investigation.” Pinder told the press on Monday that Bankman-Fried’s arrest in The Bahamas will likely lead to a U.S. extradition.
“On 12 December 2022, the Office of the Attorney General of The Bahamas is announcing the arrest by The Royal Bahamas Police Force of Sam Bankman-Fried , former CEO of FTX,” the AG’s office detailed. “SBF’s arrest followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition,” the Bahamian AG office declared.
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