Sam Bankman-Fried has been arrested today in the Bahamas, the Office of the Attorney General of the Bahamas has confirmed. Sam Bankman-Fried has been arrested by Bahamian police following a “receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.”
The arrest of the former CEO of FTX came on the eve of his scheduled testimony before the House Financial Services hearing on the collapse of the FTX.
To the request of the Senate Committee on Banking, Housing and Urban Affairs to testify at the hearing on “Crypto Crash” on December 20, 2022, Sam Bankman-Fried’s legal team declined to respond.
“Sam Bankman-Fried’s counsel did not respond by the stated deadline. We believe it’s important that Bankman-Fried show he is willing to provide transparency and accountability to the American people by providing testimony,” said Senators Brown and Toomey.
Bankman-Fried is in custody at the moment and is awaiting extradition to the United States.
READ ALSO
‘President Trump — Serbia Welcomes You!’ Huge UFC Banner Unleashes Massive Show of Support for Donald Trump
Serbia’s love for Donald Trump erupted at the UFC’s historic Belgrade debut on Saturday evening as a huge “PRESIDENT TRUMP — SERBIA WELCOMES YOU” banner was held up inside the arena. Trump ally Richard Grenell was spotted chatting ringside with Serbian Finance Minister Sinisa Mali as they joined a host of high-profile guests, including UFC…
Keep reading
Trump’s Day in Office: July 30, 2026
8:00 AM President Trump participates in Executive Time 10:30 AM President Trump greets the White House Internship Program 12:00 PM President Trump participates in a Policy Meeting 1:30 PM President Trump makes an Announcement on Freedom Haulers 3:00 PM President Trump participates in Signing Time 4:30 PM President Trump participates in a Policy Meeting
Keep reading
Senate Rejects Bid to Curb Trump’s Iran Campaign in Razor-Thin Vote
A bipartisan attempt to place congressional limits on President Donald Trump’s military campaign against Iran was defeated in the Senate on Thursday by a single vote. The chamber voted 50–49 against advancing the war powers measure, blocking another effort by lawmakers to challenge the administration’s authority to continue military operations in the Middle East without…
Keep reading