Sam Bankman-Fried has been arrested in the Bahamas at the request of US government prosecutors who have filed criminal charges against the disgraced crypto entrepreneur.
Bahamian attorney-general Ryan Pinder said the country’s police force had taken Bankman-Fried into custody after receiving “formal notification” from the US government that it had filed criminal charges and was “likely to request his extradition”.
Damian Williams, the US attorney for the Southern District of New York, confirmed the arrest on Twitter and said the move had been taken “at the request of the US government”. An indictment will be unsealed on Tuesday morning, he added.