Sam Bankman-Fried, the founder of the bankrupt FTX exchange has been arrested and taken into custody by authorities in the Bahamas. He was the former CEO of the FTX cryptocurrency exchange and the founder of Alameda Research.

A letter from the Office of the Attorney General on December 12 says that Bankman-Fried was arrested by the Royal Bahamas Police Force after the US made it official that criminal charges had been filed against SBF.

In a statement, Prime Minister Philip Davis said that both countries have “a shared interest in holding accountable all people with ties to FTX who may have broken the law and betrayed the public’s trust.”

https://altcoin.ng/sam-bankman-fried-the-founder-of-ftx-has-been-arrested-in-the-bahamas/