Former FTX CEO Sam Bankman-Fried arrested in the Bahamas

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The former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, the U.S. and Bahamian authorities said Monday.

Bankman-Fried had been under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX. The firm filed for bankruptcy on Nov. 11, when it ran out of money after the cryptocurrency equivalent of a bank run.

Bankman-Fried's arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO, John Ray III.

 

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Fry him now

This way he won't have to testify in front of congress tommorrow....another coincidence:-)

Sam Bankman-Fried did not kill himself

Your late again.

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