Crypto's fallen guru has been taken into custody at FTX's former home base in the Bahamas.
“While the United States is pursuing criminal charges against SBF individually, the Bahamas will continue its own regulatory and criminal investigations into the collapse of FTX, with the continued cooperation of its law enforcement and regulatory partners in the United States and elsewhere,” said Prime Minister of the Bahamas, Philip Davis, in a statement.of the cryptocurrency industry, imploded last month in an orgy of financial malfeasance that sent shockwaves throughout the web3 world.
Still, after presiding over one of the most spectacular corporate meltdowns in modern history, Bankman-Fried somehow managed to remain a free man for what many deemed an—the disgraced tech executive would face legal repercussions for the financial mess his company caused. Instead of being placed under arrest, however, the boyish tech tycoon spent the last several weeks engaged in a media-wooing “Now, it would appear that tour has officially come to an end.
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