FTX founder Sam Bankman-Fried arrested in the Bahamas, faces extradition

Mark Battersby
clock • 3 min read

Sam Bankman-Fried, the founder and former head of collapsed cryptocurrency exchange FTX, has been arrested in the capital of the Bahamas, Nassau, at the request of the US government. He is scheduled to appear on 13 December in a magistrates' court in the Caribbean country's capital. Police said Mr Bankman-Fried, 30, was arrested for "financial offences" against laws in the US and The Bahamas. In a statement from the Attorney General of The Bahamas Ryan Pinder KC said "on 12 December 2022, the Office of the Attorney General of The Bahamas announced the arrest by The Royal Bahamas Po...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login