Bankman-Fried’s Arrest Won’t Bring Back Customers’ Money

Bankman-Fried’s Arrest Won’t Bring Back Customers’ Money
Bankrupt crypto exchange FTX’s founder and CEO, Sam Bankman-Fried, has been arrested by the Royal Bahamas Police Force on suspicion of criminal charges filed by the U.S. However, his arrest does not mean that customers will get back their lost money. Bankman Fried had shifted base to Nassau, the Bahamas, shortly after FTX’s fallout and has been sheltering there ever since. The young crypto magnate has been indicted on several charges, including wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering, a WSJ report stated, citing people familiar with the matter. For Further Information Click on Below Button
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