The founder of the failed cryptocurrency exchange FTX has been arrested in the Bahamas, and federal prosecutors in the United States have filed charges in New York.
RELATED: FTX is facing a class action lawsuit. What we know about the company
"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY," U.S. Attorney Damian Williams wrote in a statement shared on Twitter. "We expect to move to unseal the indictment in the morning and will have more to say at that time."
The specific charges were not revealed. But the Royal Bahamas Police Force said in a news release that Bankman-Fried was arrested in reference to "various Financial Offences against laws of the United States, which are also offences against laws of the Commonwealth of The Bahamas." Bankman-Fried will appear in local court on Tuesday, the release said.
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Ok, I know It’s advice as old as the very hills it came from.
Still, If it’s worth saying… it’s worth repeating (not everyone is quick on the uptake)
“All that glitters – is not gold”
Donald Trump and two friends, a Rabbi and a Hindu, had car trouble in the countryside, before they asked to spend the night with a farmer. The farmer said “There might be a problem; you see, I only have room for two to sleep, so one of you must sleep in the barn.” “No problem,” chimed the Rabbi, “My people wandered in the desert for forty years, I am humble enough to sleep in the barn for an evening.” With that he departed to the barn and the others bedded down for the night. Moments later a knock was heard at the door; the farmer opened the door. There, from the barn, stood the Rabbi. “What’s wrong?” asked the farmer. He replied, “I am grateful to you, but I can’t sleep in the barn. There is a pig in the barn, and my faith believes them to be unclean animals.” His Hindu friend agrees to swap places with him. But a few minutes later, the scene reoccurs, after another knock on the door. “What’s wrong, now?” the farmer asks. The Hindu holy man replies, “I too am grateful for your helping us out, but there is a cow in the barn and in my country cows are considered sacred. I can’t sleep on holy ground!” Well, that leaves only Donald Trump to make the change. He grumbled and complained, but went out to the barn. Moments later there was another knock on the farmer’s door. Frustrated and tired, the farmer opens the door, and there stood…. the pig and the cow.
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Marshmello Finance MARSH3 is 🔥🔥
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is 🔥🔥🔥
Yep, we are already too late for those coins but luckily we have some options left like Marshmello Finance MARSH3
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Why do you say there is no way? Have you seen Marshmello Finance MARSH3 This thing is gonna skyrocket 🚀🚀
Marshmello Finance MARSH3 prevents Bear market, bot trades, paper hands by its automatic algorithms, so it’s the safest altcoin ever. I am sure it will hit 10 bucks in no time.
Marshmello Finance MARSH3 is 🔥🔥
I am not interested in those coins anymore, there are much better and safer altcoins like Marshmello Finance MARSH3.
Marshmello Finance MARSH3 is 🔥🔥🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Marshmello Finance MARSH3 is gonna explode anytime soon 🔥
Madoff’s little nephew it seems…😯😯