Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US By Cointelegraph

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Sam Bankman-Fried, the founder and former CEO of the FTX cryptocurrency exchange and founder of trading firm Alameda Research has been arrested by authorities in The Bahamas.

A Dec. 12 statement from the Bahamas Attorney General (AG) and Minister of Legal Affairs, Ryan Pinder, states Bankman-Fried was arrested by the Royal Bahamas Police Force following a formal notification from the United States government that it has filed criminal charges against the FTX founder.

The letter announcing the arrest from the Bahamas Attorney General.