FTX founder Samuel Bankman Fried has been arrested on Monday by the Bahamas authorities in the collapsed cryptocurrency exchange.
According to the Bahamas government, a criminal charge was registered by the United States prosecutors after which Fried was arrested.
“SBF’s arrest followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition,” the Bahamas government stated.
Meanwhile, United States Attorney for the Southern District of New York Attorney Damian Williams confirmed his arrest.
Taking to Twitter United States Attorney for the Southern District of New York Attorney tweeted, “USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman Fried at the request of the US Government, based on a sealed indictment filed by the SNDY. We expect to move to unseal the indictment in the morning and will have more to say at that time.”
Moreover, over the sudden implosion of FTX Samuel Bankman Fried has been under investigation by the Justice Department.
However, on 11 November the USD 32 billion worth company FTX filed for bankruptcy.
HPV (Human Papillomavirus) vaccination is an essential preventive measure to protect against several strains of…
Blue Origin’s New Glenn rocket launched successfully from Cape Canaveral, showcasing reusability and advancing commercial…
Saif Ali Khan, recovering from stab wounds, expresses gratitude to fans and doctors after multiple…
A recent Lancet Global Commission report calls for an overhaul of how obesity is diagnosed,…
Obesity and overeating are global health crises, with millions of people struggling to maintain healthy…
Albanian PM Edi Rama celebrated Italian PM Giorgia Meloni's 48th birthday with a scarf gift,…