Sam Bankman-Fried, FTX's founder, is arrested in the Bahamas | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

BREAKING: Sam Bankman-Fried, the founder of failed crypto exchange FTX, has been arrested in the Bahamas after US prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas.

The Southern District of New York, which is investigating Bankman-Fried and the collapse of FTX, confirmed his arrest on Twitter.

“Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US government, based on a sealed indictment filed by the SDNY,” wrote US attorney Damian Williams. “We expect to move to unseal the indictment in the morning and will have more to say at that time.” A representative for Bankman-Fried’s legal team didn’t immediately respond to CNN’s request for comment. This is story is developing. It will be updated.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😢

He should serve life in prison this is the biggest ponzing scam ever created and he had help my famous people his father senators etc etc he did not act alone and trust me he may sound like he has issues but he's very very smart

Thousands of people lost their money

Why are CNN and other news channels hiding the truth about this man? Why is CNN a Democrat public News Channel acting like the paparazzi I had to switch to Fox News to get the correct information that's out there CNN chooses not to share

Yep, arrested before he could tell about all the democrats he gave money to.

Report about Twitter please the truth. Oh the devil can't tell the truth

He's probably in Biden basement

When are ye reporting on the twitter files

This was also Jeffery Epstiens guard

When you invest in a smelly T-shirt and a bad haircut. You get trailer trash results.

So when will CNN hire him as their new Financial Analyst?

Keep an eye on the judge that just happens to lend this case. IE: Who helped him/her get that judgeship? Any relationship to Soros?

So far so good, now Fauci next…

Go vegan lol

Say what?! The corrupt and criminal party of the Democrats, won the election with stolen money?!! 40 million dollars!!! Did you forget to say that part CNN? The Democrats' second biggest financier after Soros. The corruption is endless.

Great news!

You forgot to mention that it is only one day before he was supposed to testify before Congress.

Isn’t it strange that the justice Department arrested him after the large donations made to the democrats? Bankman Freed was supposed to testify publicly to congress today. Very suspicious timing.

Democrat money laundering

Why wasn’t CNN tipped & ready to record SBF escorted to a patrol car like Trump, Stone, Bannon & Navarro? CNN The Most Trusted Name in Collusion!

Is Hunter Biden next?

In other news............

MahanSadrat was charged with Muharebe in Islamic Republic’s system of injustice. He has denied the charges but is convicted without any evidence, without the right to appoint his attorney. His case has gone to execution. He may be executed any minute. ماهان_صدرات MahsaAmini

SeyedMohammadHosseini is in danger of execution because of false accusations. He has no one to be his voice, his parents are dead. The media silence will lead to repeating tragedy of Mohsen Shekari and MajidrezaRahnavard. StopExecutionsInIran

Great acting does not translate as intellect, its being good at emotional display. The top acters are not in Hollywood, they typically have a few signature phrases or facial expressions. MSM talking heads are much better because they have to portray the material written for them

Abbas Mansouri. He was buried today when he was just 19 years old. Abbas was from southern Iran.I don't think anyone in the world believes that they arrest and torture young people for spreading their shape, but that's true. He was arrested, tortured and killed. WomanLifeFreedom

MehdiKarami 22 y/o is a young prisoner who was tortured into a forced confession. He has been sentenced to death by the Islamic Regime for seeking freedom. Be his voice before he suffers the same fate as Mohsen Shekari and MajidrezaRahnavard. StopExecutionsInIran

MehdiKarami , 22 y/o martial artist has been sentenced to death by the Islamic Regime in a sham trial and without the presence of a chosen lawyer. Be his voice before they repeat Navid afkari, Mohsen Shekari and MajidrezaRahnavard’s scenario. StopExecutionsInIran

SeyedMohammadHosseini has neither a family nor a lawyer to keep track of his case with false accusations. The regime has executed Mohsen Shekari and MajidrezaRahnavard and it might happen to him as well. StopExecutionsInIran

I’ve always come to CNN to get the latest news, when will you report on the twitter files, I had to head over to FoxNews … Sad 😔

Wow - wowmodels2022

The 2nd largest contributor to the Democratic Party has been arrested. I wonder if he will list names he has bought off? 🤷‍♂️😂

Surprised to see this !

Suffice it to say, his fellow inmates won’t understand a thing about his crimes

Please take a mug photo of the monkey behind bars. It's a unique NFT with billions in value.

France Mayor of Paris Anne_Hidalgo in troubles

These virtual currencies have transferred all of India's wealth to the United States.

Good, but note Sam B. is an American Citizen is innocent until proven guilty

Oh no, one less corrupt billionaire to support the Democratic party.

How come more and more stories confirm Biden’s corruption? Hope we will hear your comments on how the most dangerous criminals contributed millions of stolen dollars to Democratic Party? In exchange of what?… 🤔🤔🤔

Finally CNN is waking up and reporting news

Здравствуйте У меня есть глобальной проект, Такова ещё нет аналога. Если осуществлять этот проект в мире, экологии, экономике, людей, религии,нацыи,и так далее, Што скажите, спасибо за ранее.

What are Maxine Waters comments? She protected this guy

Interesting to see for how long.

It’s all fake

Connect to Ukraine and connected to Biden. Doesn't take a rocket scientist. Inwouldnt even have to dig that far.

I guess no one here is going to mention that he was scheduled to address Congress tomorrow to answer questions but now he will not have to do that yet !!

Love the way you blow off the news about Twitter management supression of conservatives, the lies from Fauci and Biden's family including Hunter's Laptop. Shame on you CNN for not telling the people the truth. ElonMusk CNNWorseNewsMedia BidenWorstPresidentInHistory

When is the crazy girlfriend going to get arrested?

$mmtlp

Hilarious seeing cnn stories where nobody cnn is smart enough to have an opinion yet. You know if they had one the story would reek of it.

The $mmtlp finrafraud story is much bigger

MahanSadrat was charged with Muharebe in Islamic Republic’s system of injustice. He has denied the charges but is convicted without any evidence, without the right to appoint his attorney. His case has gone to execution. He may be executed any minute. ماهان_صدرات MahsaAmini

Musk about to remove IP addresses of bots and bad actors. Fake news propagandists like imost of media next!

If you really want to do something meaningful, why don't you step up and do something about things like $MMTLP? I'm guessing you are in bed with these HFs and MMs that screw the everyday person. The retail investor gets screwed, and you just sit here and put on a show.

Bankman FRIED, what a fitting name, just like Bernie madeoff, talking about family destiny

Gallego for Arizona has taken Sam Bankman-Fried money.

Who wants to place bets on how long it takes him to get Epsteined

Surprised CNN is caring the story it doesn’t fit their narrative

What will the Democratic Party do without it’s 2nd largest political donor? see my homepage plz

CNN sucks.

I bet Washington is eating a lot of Xanax right about now

Hunters laptop ....

Hey cnn, there is a big story going on right now about how Twitter censored conservatives. You may want to check it out

Another disruption completed. What’s next?

Just how many pedophiles work or did work at CNN

Tell them the truth god's watching everything and deserve the truth because you stole from the babies future you will meet your creator before you go promise just a touch

In his flip-flops 🩴😬

Dems love this chump. Lol

Uh oh. 🤣🤣

Enjoy life in jail :)

Sam Bankman-Fried will end up like Jeffrey Epstein, another big Dem donor. Caroline you had better be paying attention to what is going on.

Good

I’ve never seen the inside of a Bahamian jail so I’m guessing they’re not comfortable.

Damn, poor sob, he should have traveled a little further to Sint Maarten, he'd fit right in at Orient Beach ⛱️

What could possibly go wrong, giving millions of dollars to a 25-year-old who has no business experience, no life experience, can’t even comb his hair, tie his shoes?

Brasília em guerra contra a ditadura do judiciário brasileiro.

Baby Bernie madoff

Oh finally

Brasília em guerra contra a ditadura do judiciário brasileiro.

Brasília está revoltada por conta de prisão inconstitucional do cacique Serere. Ordenada por Alexandre de Moraes.

BullishFemme hepo lnug cencar for tish bsartad

Don’t worry. There should be plenty of time to get someone in there to do some work on his cell’s security cam. Then, after he sees “the big light”, the Democrats can rest easy till the Hunter hearings begin. (Probably best he’s not in a cell, eh?)

Asmongold you seen this?

Good!

vacationing in Bahamas?

I am waiting for certain someone TFG to be charged criminally and get arrested..... until then don't care for small fish.

The wolf of cryptocurrency

How funny mini madoff arrested day before he's to testify but he did give biden n some democrats 💰

Just in time to try and take the heat off Fauci, and right before he was to testify before Congress. Lol

Golly the day before he was supposed to testify.

He will have multiple wives in prison too probably

Good 👍

Sam Bankman Fried will be:

SBF_FTX SamBankmanFried, your soon-to-be-arrested parents can represent you.

Not 'failed'. Try democratic laundering machine.

Epsteined soon?

Tune in to UpOnlyTV to find out the truth behind these irrelevant accusations

Failed? Really?

Oh there you are CNN. You’ve been quiet on this topic.

Can’t put the story on the back burner now can you?

Of course he was in the Bahamas.

N8TheCre8tive Democrats finally facing justice This is just the beginning Fauci is next

It’s about time, but then again this is CNN so will await FoxNews to verify the information!

Dems are fair weather friends.

What will the Democratic Party do without it’s 2nd largest political donor?

Dem’s like cash. If gone, they grill their own over bad press.

Will he make it back to the USA in custody, that’s the question?

Good job.

Wow. Just a month late

LMFAO, ELON

Arrest Caroline Ellison too, she is as much responsible as SBF for the FTX/Alameda Ponzi scheme...

It wasn’t a failed crypto scheme. It was a $ laundering pyramid scheme

Prob. saved his life.

Billions missing yet he gave over 40 Billion to the Democrat party in 2022. Why is that not a story the media will cover? Democrats give people there money back.

Gracias a DIOS por ser Argentino!

I hope they bring in Coffeezilla to testify.

I hope his back side gets DESTROYED in prison!!! Hey wait is that scum bag Maxine Waters next!?!?!

Bet on Democrats. Went broke. Presumably going to prison for a very long time.

“Just one month”

'Sam didn’t kill himself.'

I thought this was a hobbit. Then I read the headline. Now I know it's a hobbit.

About time.

cro Bitcoin 💯💯🚀

Wonderful!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

jeffreycortese “Failed” you mean… completely fraudulent?

Biden voter

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US lawmakers set to grill Sam Bankman-Fried on the collapse of FTX | CNN BusinessWith his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers about how his digital asset exchange, FTX, came unraveled, leaving at least a million customers unable to access their funds. The money went to the Democratic Party! Um.... um... um.... I wasn't involved with the oversite of it... duh duh duh, don't know how it happened, but I should have... um... um... duh duh duh. There, I gave you a preview of it. Because it was always a con and it's easier to pull it off with the lack of regulation around crypto.
Source: CNN - 🏆 4. / 95 Read more »