Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

a year ago
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https://apnews.com/1de16cdf7e6956b401e998c34ad1fd11

NEW YORK (AP) — The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, the U.S. and Bahamian authorities said Monday.

Bankman-Fried had been under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX. The firm filed for bankruptcy on Nov. 11, when it ran out of money after the cryptocurrency equivalent of a bank run.