Former FTX CEO Sam Bankman-Fried Arrested in the Bahamas

The former CEO of failed cryptocurrency firm FTX Sam Bankman-Fried has been arrested in the Bahamas at the request of U.S. authorities. That's according U.S. and Bahamian authorities Monday. Bankman-Fried has been under criminal investigation by U.S. and Bahamian authorities following the collapse last month of FTX. The firm filed for bankruptcy on Nov. 11, when it ran out of money after the cryptocurrency equivalent of a bank run.

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