Sam Bankman-Fried, the founding father of failed crypto change FTX, was arrested within the Bahamas on Monday after US prosecutors filed felony fees in opposition to him, in keeping with a press release from the federal government of the Bahamas.
The Southern District of New York, which is investigating Bankman-Fried and the collapse of FTX and its sister buying and selling agency Alameda, confirmed his arrest on Twitter.
“Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US government, based on a sealed indictment filed by the SDNY,” wrote US lawyer Damian Williams. “We expect to move to unseal the indictment in the morning and will have more to say at that time.”
Bankman-Fried, was arrested with out incident at his house complicated shortly after 6 pm ET Monday in Nassau, and is ready to seem in court docket Tuesday, the Royal Bahamas Police Force stated in a press release.