DEVELOPING: Former FTX CEO Sam Bankman-Fried arrested in the Bahamas, US authorities say
NEW YORK — The former CEO of failed crypto firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, the U.S. attorney’s office in New York said Monday.
“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 United States Attorney’s Office for the Southern District of New York,” U.S. Attorney Damian Williams said in a statement. “We expect to move to unseal the indictment in the morning and will have more to say at that time.”
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