Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, was arrested on Monday by Bahamian authorities, according to a statement by the Office of the Attorney General & Ministry of Legal Affairs of the Bahamas.
Police in the Bahamas arrested SBF following a formal notification by the U.S. government that it had filed criminal charges against the 30-year-old and likely will request his extradition, according to the statement.
