February 1, 2023

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WSJ: Bankman-Fried, Founder of FTX, Not Guilty | abroad

He was arrested in the Bahamas after FTX went bankrupt and then surrendered to the United States. In her country, Bankman-Fried is accused of embezzling billions of dollars in customer deposits. It was transferred to the investment fund associated with FTX “Alameda Research”, which invested money in all kinds of companies.

Bankman-Fried was released on bail in the United States. He paid 250 million dollars (about 234 million euros) for it. The former billionaire was under house arrest with his parents in California. He must appear in court in New York on Tuesday.


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Meanwhile, US prosecutors are investigating the activity of several cryptocurrency wallets believed to belong to Bankman-Fried.

Meanwhile, US prosecutors are investigating the activity of several cryptocurrency wallets believed to belong to Bankman-Fried. In recent days, more than a million dollars (more than 934,000 euros) have been transferred back and forth through those so-called wallets. Bankman-Fried claimed on Twitter that he had nothing to do with this activity.

Meanwhile, the Bahamas seized assets owned by FTX. It was worth $3.5 billion (about 3.3 billion euros) at the time of the bankruptcy. Authorities said the Caribbean nation wanted to transfer those digital assets to its customers and creditors.

look. FTX founder arrested in Bahamas

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