https://www.vox.com/the-goods/23451761/ftx-sam-bankman-fried-arrest-bankrupt-bitcoin-alameda

Sam Bankman-Fried and his crypto company FTX experienced a shocking downfall. Now, Bankman-Fried has been arrested in the Bahamas.

Sam Bankman-Fried, one of the crypto industry’s biggest stars, has had a rough end to 2022. His crypto exchange FTX — which was once valued at $32 billion — declared bankruptcy in November, leaving his customers unable to withdraw their money and his investors out of luck. Now he’s been arrested in the Bahamas following the filing of criminal charges in the US; the charges include wire fraud, securities fraud, money laundering, and campaign finance laws violations. The Securities and Exchange Commission has charged Bankman-Fried with defrauding equity investors, and the Commodity Futures Trading Commission has filed a complaint against him as well.