A month after the Warriors suspended their partnership with FTX, the fledgling firm's former CEO is in U.S. custody.
Almost one year to the day after the Golden State Warriors announced a partnership with FTX, the cratering cryptocurrency company's former CEO now faces federal charges.
USA Damian Williams: 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. A year ago Wednesday, the Warriors touted a"first-of-its-kind partnership" with the company. FTX became the team's"official crypto platform and NFT marketplace."
Golden State and FTX formally announced its partnership on Dec. 14, 2021, which included displays of its logo within Chase Center and on the arena's floor during broadcasts on NBC Sports Bay Area.
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Former FTX CEO Sam Bankman-Fried arrested in the Bahamas, US authorities saySam Bankman-Fried, the former CEO of failed crypto firm FTX, 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.
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