Authorities arrest Sam Bankman-Fried on FTX fraud and money laundering [TechSpot]

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Sam Bankman-Fried was scheduled to testify before Congress today, but he won’t make that appointment. Bahamian police arrested the former cryptocurrency magnate on Monday night at the request of US authorities. Bankman-Fried will remain in custody in the Bahamas as he awaits extradition to the United States.

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