Founder of bankrupt crypto firm FTX arrested in Bahamas
A spokesman for the US Attorney's office in Manhattan, New York, confirmed Bankman-Fried had been arrested in the Bahamas but declined to comment on what the charges were.
According to Reuters news agency, Bankman-Fried says in a draft of his testimony he"deeply regrets giving in to pressure" to sign the bankruptcy filing forms.It also says, Reuters reports, that"less than ten minutes after signing a document nominating [his successor] John Ray as CEO, he received a potential funding offer for billions of dollars".FTX was set up to allow people to buy cryptocurrencies using their pounds and dollars.
In a series of interviews and public appearances in late November and December, Bankman-Fried acknowledged risk"SBF" became a prominent and unconventional figure known for his wild hair, t-shirts and shorts. He appeared on panels with celebrity statesmen such as former US President Bill Clinton and former British Prime Minister Tony Blair asHe contributed $5.2 million to President Joe Biden's 2020 campaign and became one of the largest donors to Democratic political candidates.
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