Crypto exchange founder arrested – Latest news – news

13 December 2022 at 01:53 Crypto exchange founder arrested The founder of the crypto exchange FTX, Sam Bankman-Fried, has been arrested in the Bahamas, according to the prosecutor’s office in the USA. Bankman-Fried has been under investigation by the Justice Department after his company, valued at $32 billion, filed for bankruptcy on Nov. 11. Bankman-Fried resigned as director at the same time that the crypto exchange FTX filed for bankruptcy protection in the US last month. It turned out that 662 million dollars, over NOK 6.5 billion, mysteriously disappeared from FTX after the bankruptcy application had been submitted. This is despite the fact that the authorities in the Bahamas, where the company has its head office, had frozen all assets in the company. (NTB)



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