Crypto Live News

Former FTX CEO Sam Bankman-Fried Arrested!

Author: Sohrab Khawas

Sohrab Khawas right arrow



    Ex – FTX founder Sam Bankman-Fried, who led the exchange until a liquidity crunch forced the Bahamas-based cryptocurrency exchange to declare bankruptcy, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors.

    After getting official confirmation of the accusations against Bankman-Fried, the Bahamas’ attorney general’s office said it went forward with the arrest and added that it anticipates he would be extradited to the US.

    Back to top button