alameda research

FTX Founder Sam Bankman-Fried, Once Hailed as Crypto King, Arrested in the Bahamas

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Following a request from the United States, the Bahamas police arrested cryptocurrency tycoon Sam Bankman-Fried. The US is seeking to charge him for wire fraud, securities fraud, money laundering and related conspiracy charges following the collapse of the FTX platform, which led to millions of investors losing their hard-earned money. The disgraced crypto tycoon was … Read more

FTX Founder Sam Bankman-Fried May Not Challenge Extradition to US: Report

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Sam Bankman-Fried, who founded FTX until a liquidity crunch forced the cryptocurrency exchange to declare bankruptcy, is escorted out of the Magistrate Court building after his arrest, in Nassau, Bahamas (Image: Reuters) If Sam Bankman-Fried does not challenge extradition, FBI officials will accompany him to the US where he will appear at a Manhattan court … Read more