By Jasper Ward, Brian Ellsworth and Luc Cohen
The attorney general's office for The Bahamas said it proceeded with the arrest after receiving formal confirmation of charges against Bankman-Fried, adding that it expects he will be extradited to the United States. “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the United States Attorney’s Office for the Southern District of New York," United States prosecutor Damian Williams said in a statement. "We expect to move to unseal the indictment in the morning and will have more to say at that time.
Bankman-Fried told Reuters the company did not "secretly transfer" but rather misread its "confusing internal labeling." Asked about the missing funds, he responded: "???"
Source: Digital Coin News (digitalcoinnews.net)
Anyone want to take a guess at which party was the overwhelming beneficiary of the tens-of-millions of dollars in *ILLEGAL* campaign donations from this guy?
U.S. prosecutors charged Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, with a host of financial crimes and campaign finance violations, alleging he played a central role in the collapse of FTX and hid its problems...
Yahoo I bet you hate this don’t you
About time!!!!
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CEO Michael McCaffrey bought Bahamas pad with $43M in loans from Sam Bankman-Fried: reportMichael McCaffrey stepped down as CEO of The Block last week after news of the loans was first reported by Axios. The Block issued a statement confirming the report. ‘Nothing More Than A 21st Century Ponzi Scheme’: Dem Senator Blasts Sam ... via YouTube
Source: nypost - 🏆 91. / 67 Read more »
Sam Bankman-Fried, FTX's founder, is arrested in the Bahamas | CNN BusinessBREAKING: Sam Bankman-Fried, the founder of failed crypto exchange FTX, has been arrested in the Bahamas after US prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas. Biden voter cro Bitcoin 💯💯🚀 Wonderful!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Source: CNN - 🏆 4. / 95 Read more »
FTX Founder Sam Bankman-Fried Arrested in BahamasThe former FTX chief executive was arrested after the U.S. Attorney for the Southern District of New York filed a sealed indictment, the U.S. attorney’s office said in a statement. Perfect. Now arrest the whole democratic party for collusion. Real collusion this time! Will Ukrainian government and the U.S politicians who took the stolen money in donations return it? About time
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FTX founder Sam Bankman-Fried arrested in Bahamas after U.S. authorities file criminal chargesBahamian authorities said they moved to arrest the FTX founder and former crypto billionaire after being notified that U.S. law enforcement officials had filed criminal charges and would seek his extradition. awwwwwe shit!!!! Hey, Sam, now you don't have to testify before Maxine Waters tomorrow.
Source: latimes - 🏆 11. / 82 Read more »
Former FTX CEO Sam Bankman-Fried arrested in Bahamas | EngadgetThe Bahamas Attorney General's Office announced Monday that Bankman-Fried has been arrested there and is likely to be extradited in short measure back to the US to stand trial. Thank god. The documentary was almost done 🤦🏻♂️ Thank God.
Source: engadget - 🏆 276. / 63 Read more »