{"id":15710,"date":"2022-12-13T00:40:31","date_gmt":"2022-12-13T00:40:31","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/breaking-ftx-founder-sam-bankman-fried-arrested-set-to-be-extradited-to-us\/"},"modified":"2022-12-13T00:40:32","modified_gmt":"2022-12-13T00:40:32","slug":"breaking-ftx-founder-sam-bankman-fried-arrested-set-to-be-extradited-to-us","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/breaking-ftx-founder-sam-bankman-fried-arrested-set-to-be-extradited-to-us\/","title":{"rendered":"Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US"},"content":{"rendered":"
Sam Bankman-Fried, the former CEO of the FTX cryptocurrency exchange and founder of Alameda Research, has been arrested and taken into custody by authorities in the Bahamas.<\/p>\n
According to a letter from the Office of the Attorney General on Dec. 12, Bankman-Fried was arrested by the Royal Bahamas Police Force following formal notification from the United States that it has filed criminal charges against SBF.<\/p>\n
Prime Minister Philip Davis said in a statement both countries have “a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law.” <\/p>\n
\nUSA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time.<\/p>\n