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FTX CEO arrested in the Bahamas on suspicion of financial crimes

The chief executive of FTX, one of the main U.S. crypto companies, was arrested Tuesday on the Caribbean island of the Bahamas on suspicion of “financial crimes,” the Southern District Attorney said in a publication. New York on social media twitter🇧🇷

Sam Bankman-Freed, 30, is due to stand trial in Nassau, the Bahamian capital. Later on Tuesday, the suspect is expected to testify via videoconference before a committee of the US House of Representatives.

The cryptocurrency company, worth about 32 million euros, filed for bankruptcy on November 11.

Author: morning Post
Source: CM Jornal

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