Former FTX CEO Bankman-Fried arrested in Bahamas after US files charges

Former FTX CEO Bankman-Fried arrested in Bahamas after US files charges

FILE PHOTO: FILE PHOTO: FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022. FTX/Handout via REUTERS /File Photo

FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one of the world’s largest cryptocurrency exchanges.