Founder of Crypto Firm FTX Sam Bankman-Fried Arrested in Bahamas

Founder of Crypto Firm FTX Sam Bankman-Fried Arrested in Bahamas
Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill on Dec. 8, 2021. Alex Wong/Getty Images
Caden Pearson
Updated:
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The Bahamas attorney general’s office on Monday announced the arrest of former FTX CEO Sam Bankman-Fried pending extradition to the United States, weeks after the cryptocurrency exchange collapsed.

U.S. Attorney Damian Williams confirmed the arrest at the request of the U.S. government in a statement on Twitter.
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