Sam Bankman-Fried, the disgraced co-founder and former head of digital-asset exchange FTX, was arrested in the Bahamas on Monday.
Bankman-Fried’s detention followed a notification from the US that it had filed criminal charges against him, the Bahamas attorney general said in a statement. Authorities in both countries had been probing his involvement in the company’s collapse last month.
In a statement, US attorney for the Southern District of New York Damian Williams, said the arrest was made at the request of the American government.
More than 100 FTX-related entities filed for US bankruptcy protections on Nov. 11. The firm