- SBF was arrested in Nassau after he was criminally charged by U.S. officials.
- The Southern District of New York has also confirmed his arrest on Twitter.
- SBF was to appear before the US House Financial Services Committee on Tuesday.
According to the latest reports, the founder of the bankrupt cryptocurrency exchange FTX Sam Bankman-Fried (SBF) was arrested on Monday in The Bahamas. The arrest was made after Sam was criminally charged by U.S. officials.
The Southern District of New York, which is investigating the FTX case, confirmed his arrest on Twitter.
USA Damian Williams: 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 SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time.— US Attorney SDNY (@SDNYnews) December 12, 2022
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