Federal prosecutors so far have charged only Sam Bankman-Fried. But there are hints throughout the 14-page criminal indictment that charges may come for other members of his inner circle. (via AxiosPro)
Federal prosecutors did not find FTX founder Sam Bankman-Fried's media tour convincing. The Feds swept in on Tuesday, arresting and: The charges, along with others from the SEC and CFTC, come just weeks after the crypto exchange's collapse, rather than the months some had expected.
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Breakingviews - Breakingviews: Sam Bankman-Fried lacks cover of systemic riskSam Bankman-Fried couldn’t be blamed for mulling over past financial scandals with a degree of envy. The former boss of bankrupt crypto exchange-cum-hedge-fund FTX was arrested on Monday in the Bahamas at the request of U.S. prosecutors. That hasn’t happened to many mainstream financial hall-of-shame executives in recent years. Questions of guilt aside, the decentralised nature of the product SBF was promoting may have played a role.
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Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-FriedHouse Financial Services Committee Chairwoman RepMaxineWaters was 'disappointed' that arrested SBF_FTX wouldn't appear at the FTX hearing scheduled for Tuesday. Reports egreechee
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Fall from grace: Crypto's golden boy Sam Bankman-Fried arrested in BahamasIn a stunning development, former CEO of the cryptocurrency exchange platform FTX was arrested on December 12 at his apartment complex in The Bahamas.
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FTX's Sam Bankman-Fried arrested in Bahamas, authorities sayIn a statement, U.S. Attorney Damian Williams said: 'Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. government, based on a sealed indictment filed by the United States Attorney’s Office for the Southern District of New York.'
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FTX founder Sam Bankman-Fried arrested in Bahamas after U.S. authorities file criminal chargesBahamian authorities said they moved to arrest the FTX founder and former crypto billionaire after being notified that U.S. law enforcement officials had filed criminal charges and would seek his extradition.
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BREAKING: Sam Bankman-Fried Arrested in The Bahamas | CoinMarketCap🚨 BREAKING: SBF is now being held in custody, and The Bahamas are anticipating that the U.S. will submit an extradition request.
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