In a written statement made by Bahamas Attorney General Ryan Pinder, it was noted that the former CEO of FTX, Bankman-Fried, was arrested by the Bahamas police.
In the statement, it was stated that Bankman-Fried’s arrest was made after the official notification of the US criminal complaint and possible extradition request.
Bahamas Prime Minister Philip Davis said: “The Bahamas and the United States have a common interest in holding accountable any individuals associated with FTX who may have betrayed public trust and broken the law.” made its assessment.
FTX filed for bankruptcy in the US in November, and the company’s CEO, Sam Bankman-Fried, resigned.
Cryptocurrency exchange FTX started to experience liquidity problems after problems with its rival and the world’s largest crypto exchange Binance.
(AA)