The founder of the cryptocurrency exchange FTX has been arrested in the Bahamas, and federal prosecutors in have filed charges in New York.
The founder of the cryptocurrency exchange FTX has been arrested in the Bahamas, and federal prosecutors in the United States have filed charges in New York.
"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 SDNY," U.S. Attorney Damian Williams wrote in a statement shared on Twitter."We expect to move to unseal the indictment in the morning and will have more to say at that time."
FTX was a global company that allowed individual investors to trade cryptocurrencies, growing to be the third-largest exchange by volume.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House TestimonyFTX US “was not independent” of its parent company, new FTX CEO John Ray III plans to say in his testimony before the House Financial Services Committee on Tuesday. nikhileshde reports
Read more »
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors' Names Unsealed – Bitcoin NewsThe four news publications stressed in the FTX court filing that the “news media acts as the eyes and ears of the public.”
Read more »
FTX Founder Sam Bankman-Fried Arrested in BahamasThe former FTX chief executive was arrested after the U.S. Attorney for the Southern District of New York filed a sealed indictment, the U.S. attorney’s office said in a statement.
Read more »
FTX founder Sam Bankman-Fried arrested in Bahamas after U.S. authorities file criminal chargesBahamian authorities said they moved to arrest the FTX founder and former crypto billionaire after being notified that U.S. law enforcement officials had filed criminal charges and would seek his extradition.
Read more »