Former FTX CEO Sam Bankman-Fried is arrested, authorities in the Bahamas say

Sam Bankman-Fried, the founder and former CEO of crypto giant FTX, was arrested in the Bahamas after American authorities filed criminal charges against him, the country’s attorney general said Monday.

Bankman-Fried moved the the once-massive digital currency exchange, which filed for bankruptcy last month, from Hong Kong to the Bahamas last year.

NBC Former FTX CEO Sam Bankman-Fried is arrested, authorities in the Bahamas say