By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: FTX founder Sam Bankman-Fried arrested in Bahamas on US request
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

FTX founder Sam Bankman-Fried arrested in Bahamas on US request

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: December 13, 2022
Share
1 Min Read
Sam Bankman-Fried
Sam Bankman-Fried
SHARE

Sam Bankman-Fried, the former CEO of the now-collapsed cryptocurrency exchange platform FTX, was arrested in the Bahamas on Monday.

According to reports, Bankman-Fried was arrested by local police at the request of American authorities and faces likely extradition to the United States.

The United States Attorney for the Southern District of New York, Damian Williams, confirmed the arrest in a tweet on Tuesday, stating: “Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time.”

FTX, which Bankman-Fried used to lead as CEO, filed for bankruptcy in the United States in November. Following the filing, Bankman-Fried stepped down from his position at the company.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:FTXSam Bankman-Fried
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Nigerian Breweries rolls out exciting festive calendar with lineup of events
Next Article Nigerians with expired passports now allowed into the country – FG

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Tinubu Warns Lagos, States Against Unauthorised Island Approvals, Vows to Revoke Encroachments
News
Shettima Inaugurates African Medical Centre of Excellence in Abuja, Hails New Era in African Healthcare
News
Tinubu Pledges Increased Infrastructure Funding, Calls for State-Federal Collaboration on Approvals
News
Trump and Musk Feud Deepens as Accusations Fly Over Policy, Power, and Personal Ties
International
Elon Musk Says Trump Would Have Lost 2024 Election Without His Support
International Top stories
- Advertisement -
Ad imageAd image

You May Also Like

Ooni of Ife
News

Ooni of Ife Calls Wike’s Ministerial Appointment a “Mystery”, Urges Academic Study

Muhammad A. Aliyu
Muhammad A. Aliyu
June 5, 2025
News

Nigerian Army Foils Kidnapping Attempt, Arrests Suspects in Ondo State

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 5, 2025
NewsTop stories

Former Petroleum Minister Prof. Jibrin Aminu Passes Away at 85, Leaving a Lasting Legacy

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 5, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?