Sam Bankman-Fried, the fallen cryptocurrency star and former boss of the FTX platform, was arrested in the Bahamas on Monday at the request of US authorities. They decided to take legal action against the 30-year-old.
“We will have more information to give on the indictment” Tuesday morning, said a New York prosecutor on Twitter.
Sam Bankman-Fried has been making media appearances for a month, despite the risk of a lawsuit for fraud after the spectacular implosion of the company, valued at 32 billion dollars at the start of the year.
The United States has initiated proceedings against the 30-year-old and “will probably request his extradition”, explained the Attorney General of the Bahamas in a press release relayed on Twitter.
Both countries “have an interest in holding accountable individuals associated with FTX who may have betrayed the public trust and broken the law,” said Philip Davis, the archipelago’s premier. The Bahamas will conduct its own “criminal investigation into the collapse of FTX,” he added, quoted in the statement.
Summoned to Washington
Sam Bankman-Fried was supposed to speak Tuesday before a parliamentary committee of the House of Representatives of the United States of America, just like John Ray, the new boss of FTX.
The ex-executives of the bankrupt platform have shown a “complete failure” at all levels of control, spending without really counting the money of their customers, said Monday John Ray, in a document published the day before. from the hearing to the congress.
At first glance, “the collapse of the FTX group appears to be the result of the absolute concentration of control in the hands of a very small group of grossly inexperienced and unsophisticated individuals who have not implemented any of the systems or controls required for a company entrusted with other people’s money or assets,” the official said.
Considered one of the leading cryptocurrency exchanges in the world, FTX was suddenly unable in early November to return the money they had deposited there to its customers. The group announced its bankruptcy filing on November 11.
This article has been published automatically. Sources: ats / afp