Former FTX employees including Sam Bankman-Fried are currently 'under supervision' in the Bahamas by local authorities, a source told Cointelegraph.
FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities.
“Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas. Which means it will be hard for them to leave,” a source familiar with the matter told Cointelegraph. The source has also revealed that Ellison is currently in Hong Kong, “so she might be able to get to Dubai.”as part of a 16-hour-long Twitter Space hosted by Mario Nawfal, with a guest speaker claiming “trusted sources” have witnessed Bankman-Fried “in a locked space” with authorities in Albany Tower — a luxury resort located in New Providence in The Bahamas.
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.
Sam Bankman-Fried reportedly denies fleeing to Argentina, says he's still in the BahamasSam Bankman-Fried told Reuters he is still in the Bahamas, as rumors swirled overnight that the ex-CEO of the now-bankrupt FTX had run off to South America.
Read more »
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTXA report citing anonymous sources claimed that FTX employees are trying to sell company assets while FTX CEO Sam Bankman-Fried is away.
Read more »
Scaramucci talks FTX, Sam Bankman-Fried and 'the worst week in cryptocurrency history'Anthony Scaramucci spoke about friend and business partner Sam Bankman-Fried on Squawk Box Friday morning.
Read more »
FTX files for bankruptcy as CEO Sam Bankman-Fried resigns in disgraceCrypto firm FTX is headed for bankruptcy after failing to secure a bailout.
Read more »
Crypto giant FTX to file for bankruptcy, CEO Sam Bankman-Fried steps downJUST IN: Crypto giant FTX and its affiliated companies have started the process to file for Chapter 11 bankruptcy, with founder and CEO Sam Bankman-Fried stepping down as CEO.
Read more »