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BREAKING
Atomic Energy Organization of Iran: We expect the international community to condemn the law-based chaos and support Iran in achieving its legitimate rights
Atomic Energy Organization of Iran: The American enemy claimed responsibility for the attack on sites supervised by the International Atomic Energy Agency
Atomic Energy Organization of Iran: The attack took place amid apparent indifference, and possible complicity, from the International Atomic Energy Agency
Atomic Energy Organization of Iran: This attack is a continuation of the brutal attacks by the Israeli enemy over the past few days.
Atomic Energy Organization of Iran: This attack violates international law, especially the Nuclear Non-Proliferation Treaty.
Atomic Energy Organization of Iran: Nuclear sites in Fordow, Natanz, and Isfahan were attacked by Iran's enemies at dawn today
House Democratic Minority Leader Hakeem Jeffries criticizes President Trump for approving the strike against Iran.
Chilean President Gabriel Boric: Chile condemns the US attack on Iran, and attacks on nuclear plants are prohibited under international law
US Representative Ilhan Omar: The strikes on Iran, ordered by President Trump and executed without congressional authorization, mark a dangerous and reckless escalation of an already volatile conflict in the Middle East
Al Mayadeen's correspondent: A group of demonstrators stormed New York's main train station in protest against the US attack on Iran

Former FTX CEO arrested in Bahamas upon notification of US charges

  • By Al Mayadeen English
  • Source: Agencies
  • 13 Dec 2022 08:33
  • 1 Shares
2 Min Read

Sam Bankman-Fried has been arrested in the Bahamas as the US files charges against him.

  • x
  • Former FTX CEO  Sam Bankman-Fried (AFP)
    Former FTX CEO Sam Bankman-Fried (AFP)

Former FTX CEO Sam Bankman-Fried has been arrested by the Bahamas police, according to the country's Attorney General, upon notification that the US is filing charges.
 
On Monday, the statement read "The Office of the Attorney General of the Bahamas is announcing the arrest of... Sam Bankman-Fried, former CEO of FTX," adding that "SBF's arrest followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition."

In November, Bankman-Fried resigned as the chief executive of FTX, according to the company. Before the company's downfall, he was in charge of the world's second-largest crypto exchange.

In a week, the FTX empire collapsed, shaking confidence in the crypto market. 

Related News

FTX sues Binance and ex-CEO Changpeng Zhao, alleging $1.8Bln in fraud

Ex-Binance CEO faces prison time in US over money laundering charges

"I'm really sorry, again, that we ended up here. Hopefully, things can find a way to recover," said Bankman-Fried, on his Twitter account. "I was shocked to see things unravel the way they did."

Bankman-Fried was one of the stars of the crypto field, drawing comparisons to investment magnate Warren Buffett.

The former FTX CEO tried to organize a bailout but failed - this left FTX struggling to raise billions of dollars and many customers unable to retain their money.

Read more: Crypto media The Block secretly paid millions by FTX's Bankman-Fried

  • FTX
  • Sam Bankman-Fried
  • Cryptocurrency
  • Cryptomarkets
  • Bahamas
  • US

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  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

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  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

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