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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16854016" data-attributes="member: 137766"><p><h3>FTX's Bankman-Fried arrested in Bahamas, country says</h3><p>Dec. 12, 2022 6:55 PM ET<a href="https://seekingalpha.com/symbol/FTT-USD?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AFTT-USD" target="_blank">FTX Token (FTT-USD)</a>By: <a href="https://seekingalpha.com/user/427396/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews" target="_blank">Jason Aycock</a>, SA News Editor<a href="https://seekingalpha.com/news/3916353-ftxs-bankman-fried-arrested-in-bahamas-country-says#comments" target="_blank">203 Comments</a></p><p></p><p><img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1241501574/image_1241501574.jpg?io=getty-c-w750" alt="The First Annual Moonlight Gala Benefitting CARE - Children With Special Needs - Hosted By Michael Cayre, Roy Nachum And MegaMoon Museum At Casa Cipriani" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Craig Barritt</p><p></p><p>Former FTX (<a href="https://seekingalpha.com/symbol/FTT-USD?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">FTT-USD</a>) CEO Sam Bankman-Fried has been arrested in the Bahamas after the United States filed criminal charges, according to the island nation.</p><p>The move comes just a day before Bankman-Fried's expected testimony before the House Financial Services Committee, which had been set for Tuesday.</p><p>"SBF's arrest followed receipt of formal notification from the United States that is has filed criminal charges against SBF and is likely to request his extradition," Bahamas Attorney General Ryan Pinder said.</p><p>"As a result of the notification received and the material provided therewith, it was deemed appropriate for the Attorney General to seek SBF's arrest and hold him in custody pursuant to our nation's Extradition Act."</p><p>U.S. Attorney Damian Williams said "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 [<a href="https://twitter.com/SDNYnews/status/1602451395910803457" target="_blank">Southern District of New York</a>]. We expect to move to unseal the indictment in the morning and will have more to say at that time."</p><p>Bankman-Fried was reportedly hoping to start a new business to <a href="https://seekingalpha.com/news/3916199-sam-bankman-fried-hopes-to-start-new-venture-in-effort-to-repay-ftx-investors-report?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">earn enough money to repay FTX's investors</a>.</p><p></p><ul> <li data-xf-list-type="ul"><strong>Now Read:</strong> <a href="https://seekingalpha.com/news/3916541-sam-bankman-fried-planned-to-tell-congress-that-ftx-us-remains-solvent?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews%7Csection_asset%3Anow_read" target="_blank">Sam Bankman-Fried planned to tell Congress that FTX US 'remains solvent'</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16854016, member: 137766"] [HEADING=2]FTX's Bankman-Fried arrested in Bahamas, country says[/HEADING] Dec. 12, 2022 6:55 PM ET[URL='https://seekingalpha.com/symbol/FTT-USD?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AFTT-USD']FTX Token (FTT-USD)[/URL]By: [URL='https://seekingalpha.com/user/427396/profile?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews']Jason Aycock[/URL], SA News Editor[URL='https://seekingalpha.com/news/3916353-ftxs-bankman-fried-arrested-in-bahamas-country-says#comments']203 Comments[/URL] [IMG alt="The First Annual Moonlight Gala Benefitting CARE - Children With Special Needs - Hosted By Michael Cayre, Roy Nachum And MegaMoon Museum At Casa Cipriani"]https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1241501574/image_1241501574.jpg?io=getty-c-w750[/IMG] Craig Barritt Former FTX ([URL='https://seekingalpha.com/symbol/FTT-USD?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']FTT-USD[/URL]) CEO Sam Bankman-Fried has been arrested in the Bahamas after the United States filed criminal charges, according to the island nation. The move comes just a day before Bankman-Fried's expected testimony before the House Financial Services Committee, which had been set for Tuesday. "SBF's arrest followed receipt of formal notification from the United States that is has filed criminal charges against SBF and is likely to request his extradition," Bahamas Attorney General Ryan Pinder said. "As a result of the notification received and the material provided therewith, it was deemed appropriate for the Attorney General to seek SBF's arrest and hold him in custody pursuant to our nation's Extradition Act." U.S. Attorney Damian Williams said "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 [[URL='https://twitter.com/SDNYnews/status/1602451395910803457']Southern District of New York[/URL]]. We expect to move to unseal the indictment in the morning and will have more to say at that time." Bankman-Fried was reportedly hoping to start a new business to [URL='https://seekingalpha.com/news/3916199-sam-bankman-fried-hopes-to-start-new-venture-in-effort-to-repay-ftx-investors-report?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']earn enough money to repay FTX's investors[/URL]. [LIST] [*][B]Now Read:[/B] [URL='https://seekingalpha.com/news/3916541-sam-bankman-fried-planned-to-tell-congress-that-ftx-us-remains-solvent?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews%7Csection_asset%3Anow_read']Sam Bankman-Fried planned to tell Congress that FTX US 'remains solvent'[/URL] [/LIST] [/QUOTE]
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