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

Biden’s schedule for December 5, 2023 is out

EST 9:00 AM – President Joe Biden receives the Presidential Daily Briefing 9:55 AM – President Joe Biden departs the White House en route to Joint Base Andrews 10:15 AM – President Joe Biden departs Joint Base Andrews en route to Boston, Massachusetts 11:35 AM – President Joe Biden arrives in Boston, Massachusetts 1:45 PM…

Keep reading

Your Serbian Holiday Home Gets Protected With Dunav’s Insurance For Holiday Homes 

As the holiday season approaches, the anticipation of festive preparations fills the air. For owners of holiday homes in Serbia, a valuable gift awaits at their doorstep – Dunav’s specialized insurance designed for holiday homes and unoccupied buildings. Dunav ensures that your holiday escape, whether it’s a serene family house or a cozy apartment, remains…

Keep reading

Ksenija Pavlovic is the Founder and Editor-in-Chief of the Pavlovic Today, The Chief White House Correspondent. Pavlovic was a Teaching Fellow and Doctoral Fellow in the Political Science department at...

Leave a comment

Your email address will not be published. Required fields are marked *