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Daily Mirror
Daily Mirror
World
Rachel Hagan

Bankrupt 'crypto king' charged in Bahamas after FTX collapse sees him lose £27billion

FTX Sam Bankman-Fried Bahamas Crypto United States

The former CEO of failed crypto firm FTX Sam Bankman-Fried has been charged and is expected to be extradited to the US.

Bankman-Fried was under criminal investigation by US and Bahamian authorities following the collapse last month of FTX, which saw the former "crypto king" lose around $32 billion (£27.7 billion).

The 30-year-old lived in a $40 million (£34.7 million) Bahamian penthouse and was reportedly in a 10-person polyamorous relationship.

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