The Bahamas police have arrested former FTX CEO Sam Bankman-Fried, the country's attorney general said, adding that The Bahamas has received formal notification from the United States of criminal charges against him.
By Jasper Ward, Brian Ellsworth and Luc Cohen
The attorney general's office for The Bahamas said it proceeded with the arrest after receiving formal confirmation of charges against Bankman-Fried, adding that it expects he will be extradited to the United States. “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 United States Attorney’s Office for the Southern District of New York," United States prosecutor Damian Williams said in a statement. "We expect to move to unseal the indictment in the morning and will have more to say at that time.
Bankman-Fried told Reuters the company did not "secretly transfer" but rather misread its "confusing internal labeling." Asked about the missing funds, he responded: "???"
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