NEW YORK — FTX founder Sam Bankman\u002DFried was expected to appear before a magistrate in the Bahamas on Tuesday as U.S. authorities prepared to unveil criminal…
The hearing in the Bahamas a day after his arrest there would be Bankman-Fried’s first in-person public appearance since the stunning collapse of FTX, which filed for bankruptcy in November after struggling to raise money as traders rushed to withdraw $6 billion from the platform in just 72 hours.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Police in the Bahamas said in a statement he was arrested due to “various Financial Offences against laws of the United States, which are also offenses” in the Bahamas. The charges are expected to come just hours before Bankman-Fried was previously scheduled to testify before Congress about the collapse of the exchange.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FTX cryptocurrency exchange founder Sam Bankman-Fried arrested in Bahamas | CBC NewsSam Bankman-Fried, who founded and led FTX until a liquidity crunch forced the Bahamas-based cryptocurrency exchange to declare bankruptcy, was arrested on Monday in the Bahamas after being criminally charged by U.S. prosecutors.
Read more »
FTX founder Sam Bankman-Fried arrested in the BahamasThe former CEO of failed cryptocurrency firm FTX, Sam Bankman-Fried, has been arrested in the Bahamas at the request of the U.S. government, U.S. and Bahamian authorities said Monday.
Read more »
Former FTX CEO Sam Bankman-Fried arrested in the BahamasThe former CEO of failed cryptocurrency firm FTX, Sam Bankman\u002DFried, was arrested Monday in the Bahamas at the request of U.S. government.
Read more »
Former FTX CEO Sam Bankman-Fried arrested in the BahamasThe 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.
Read more »
Former FTX CEO Sam Bankman-Fried arrested in the BahamasThe former CEO of failed crypto firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of the U.S. government, the U.S. attorney’s office in New York said Monday.
Read more »
Former FTX CEO Sam Bankman-Fried arrested in the BahamasNEW YORK (AP) — The former CEO of failed cryptocurrency firm FTX, Sam Bankman\u002DFried, has been arrested in the Bahamas at the request of the U.S. government,…
Read more »