Sam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the ex-CEO of the now-bankrupt FTX had run off to South America.
that a day before filing for bankruptcy protection, FTX's global exchange had $900 million in "easily sellable assets" against $9 billion of liabilities.
Earlier this year, the exchange was valued at $32 billion, and Bankman-Fried was billed as crypto's white knight as he bailed out multiple digital asset companies. Now, its ex-CEO is reportedly facing probes by the Department of Justice, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.
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