that FTX was subject of an “active and ongoing investigation.” Pinder told the press on Monday that Bankman-Fried’s arrest in The Bahamas will likely lead to a U.S. extradition.
“On 12 December 2022, the Office of the Attorney General of The Bahamas is announcing the arrest by The Royal Bahamas Police Force of Sam Bankman-Fried , former CEO of FTX,” the AG’s office detailed. “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 Bahamian AG office declared.
The news of SBF's arrest is unfortunate. Even so, it won't change the fact that DeFi is bringing financial freedom to many. HODL on to the future! Crypto
everyone has been waiting for this moment. Now they are going to wait for the punishment
Dude is starting to realize it wasn't a video game after all.
Finally, but still need some more info
It means now chances are over of recover fund from ftx
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. ..there is no extradition treaty between the Bahamas and the USA .... .
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