Bahamas authority has arrested FTX founder Sam Bankman-Fried

The Royal Bahamas Police Force arrested him after reports surfaced that the US filed criminal charges against the founder and former CEO of FTX, and is likely to request his extradition.

In a statement, the Bahamas’ Office of the Attorney General said that it would hold Bankman-Fried “until a formal request for extradition is made.”

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