Authorities have filed criminal charges against Democrat mega-donor and FTX founder Sam Bankman-Fried, a statement from the Attorney General of The Bahamas confirms.
Police in The Bahamas have taken SBF into custody, one day before he was set to provide a digital testimony to US Congress.
The statement, from the office of Sen. Ryan Pinder, confirms the arrest of Bankman-Fried.
"On 12 December 2022, the Office of the Attorney General of The Bahamas is announcing the arrest by The Royal Bahamas Police Force of Sam Bankman-Fried ("SBF"), former CEO of FTX. 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.