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HomeNewsForeign NewsCollapsed FTX CEO, Bankman-Fried, Arrested In Bahamas, Faces Likely Extradiction

Collapsed FTX CEO, Bankman-Fried, Arrested In Bahamas, Faces Likely Extradiction

The former boss of the collapsed crypto exchange, FTX Sam Bankman-Fried, has been nabbed by policemen in the Bahamas on Monday.

Reports gathered revealed that Bankman-Fried was nabbed by the policemen in Bahamas as requested by American authorities and faces likely extradition.

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The United States of America, USA attorney for Southern District of New York, Damian Williams, in a tweet shared on Tuesday confirmed the incident stating that, “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. We expect to move to unseal the indictment in the morning and will have more to say at that time.”

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The FTX, which Bankman-Fried was Chief Executive Officer had filed for bankruptcy in the United States of America, USA in the middle November and he stepped down from his position as the boss.

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