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.
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.”
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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