BREAKING: Former FTX CEO Sam Bankman-Fried has been arrested in the Bahamas, based on charges filed in the U.S.
has been arrested in the Bahamas, based on charges filed in the U.S., the Office of the Attorney General of the Bahamas announced Monday.
Bankman-Fried'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 attorney general's office said in a statement. The U.S. Attorney's Office for the Southern District of New York confirmed Bankman-Fried was in custody, saying that the arrest was made based on a sealed indictment."We expect to move to unseal the indictment in the morning and will have more to say at that time," the SDNY 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.
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