Original article by Jessica Sier
The Australian Financial Review – Page: 14 & 18 : 14-Dec-22

The US government is expected to seek an extradition order for the founder of collapsed cryptocurrency exchange FTX. Sam Bankman-Fried has been taken into custody in The Bahamas, where FTX was based for tax purposes. Bahamas Attorney-General Ryan Pinder says his nation and the US have a shared interest in holding accountable all individuals associated with the collapse of FTX. Media reports have indicated that Bankman-Fried will face a range of criminal charges in the US, including wire fraud, securities fraud and money laundering; the US Securities & Exchange Commission will also pursue charges against him. Pinder says The Bahamas will undertake its own regulatory and criminal investigations into the collapse of FTX.

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FTX, UNITED STATES. SECURITIES AND EXCHANGE COMMISSION