Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, was arrested on Monday (December 12) in the Bahamas after being criminally charged by US prosecutors.
FTX and its units had already attracted scrutiny from regulators around the world.
Here is a summary of what the global authorities are doing about FTX:
BAHAMAS
Bahamas police arrested Bankman-Fried on December 12, after the Caribbean nation received formal notice of the criminal charges against him from the United States.
The headquarters of the FTX group is located in the Bahamas. The Bahamas Securities and Exchange Commission froze the assets of FTX Digital Markets, the local unit of the group, in November and also appointed a provisional liquidator for the unit.
UNITED STATES
FTX is under investigation by the US Securities and Exchange Commission, the Department of Justice and the Commodity Futures Trading Commission, according to a source familiar with the investigations.
