Highlights

  • Wall Street regulators also said that they would be taking action against Mr Bankman-Fried
  • FTX became the second largest crypto exchange in the world

Latest news

Samsung Galaxy Tab S12 Series Brings A ₹1.3 Lakh Entry Price And A New Upgrade Scheme

Samsung Galaxy Tab S12 Series Brings A ₹1.3 Lakh Entry Price And A New Upgrade Scheme

Google Apps Script Abuse: Phishing, Fraud, Malware and CSAM Risks Identified in TraceX Labs Report

Google Apps Script Abuse: Phishing, Fraud, Malware and CSAM Risks Identified in TraceX Labs Report

Karan Johar Announces Final Season Of 'Koffee With Karan', Show To End After 22 Years

Karan Johar Announces Final Season Of 'Koffee With Karan', Show To End After 22 Years

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Passenger on rerouted Flydubai flight says pilot tried to crash plane

Passenger on rerouted Flydubai flight says pilot tried to crash plane

Asian Games 2026: Sunil Kumar Wins Wrestling Bronze, India’s Medal Tally Gets Boost

Asian Games 2026: Sunil Kumar Wins Wrestling Bronze, India’s Medal Tally Gets Boost

Pahalgam Attack Suspect Hashim Moosa Killed In J&K, Identified As Ex-Pak Army Havildar

Pahalgam Attack Suspect Hashim Moosa Killed In J&K, Identified As Ex-Pak Army Havildar

FTX founder Sam Bankman-Fried arrested in Bahamas

Last month FTX filed for bankruptcy in the US, leaving many users unable to withdraw their funds

FTX founder Sam Bankman-Fried arrested in Bahamas

Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to US officials seeking to charge him after the spectacular collapse of his FTX platform.

The arrest comes on the eve of Bankman-Fried's scheduled appearance at a US Congress hearing in which he was to testify under oath about the crypto exchange's overnight demise.

The 30-year-old had in recent weeks defied legal advice and multiplied media appearances offering his version of his company's sudden failure, usually by video link from the Bahamas where his company is headquartered.

Last month FTX filed for bankruptcy in the US, leaving many users unable to withdraw their funds.

Frequently Asked Questions

FTX is a cryptocurrency exchange platform founded by Sam Bankman-Fried.

ADVERTISEMENT

Up Next

FTX founder Sam Bankman-Fried arrested in Bahamas

FTX founder Sam Bankman-Fried arrested in Bahamas

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

ADVERTISEMENT

editorji-whatsApp

More videos

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.