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FTX Founder Sam Bankman-Fried has been arrested by authorities in the Bahamas, the latest dramatic turn in a spectacular scandal that has rocked the crypto world.
Damian Williams, the U.S. attorney for the Southern District of New York, confirmed the arrest of the 30-year-old former billionaire and political megadonor in a tweet from his office's official account.
"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based...