Arrest just 24 hours before founder of cryptocurrency exchange set to testify before US Congress
The Bahamas police have arrested the former FTX CEO Sam Bankman-Fried, the country’s attorney general said in a statement on Monday, adding that the Bahamas has received formal notification from the US of criminal charges against him.
Bankman-Fried had been expected on Tuesday to make his first public appearance since FTX’s collapse before US lawmakers.
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