Sam Bankman-Fried, the founder of bankrupt FTX cryptocurrency exchange, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors.
on Dec. 12, after the Caribbean nation received formal notification from the United States of criminal charges against him.assets of FTX Digital Markets, the group's local unit, and also appointed a provisional liquidator for the unit.Representations of cryptocurrencies are seen in front of displayed FTX logo in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photoby the U.S.
The SEC on Dec. 12 said it had authorized charges against Bankman-Fried relating to violations of securities laws. Separately, U.S. prosecutor Damian Williams said he expected to move to unseal an indictment against Bankman-Fried on Dec. 13.
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