July 24, 2024
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Sam Bankman-Fried, the founder of FTX, may be questioned in the US

As attention on the part he played in the exchange’s abrupt collapse and bankruptcy grows, the former CEO of FTX might be questioned by American authorities.

According to three persons familiar with the matter cited by Bloomberg on Wednesday, Sam Bankman-Fried may fly to the United States for questioning by American and Bahamian officials.

Although Bankman-Fried is claimed to be cooperating after being examined by Bahamian authorities on Saturday, no one has been taken into custody in connection with the incident, a source added.

Yet another “reliable source” claimed to have seen SBF “in a sealed area” with law enforcement in Albany Tower, a posh resort in The Bahamas, when conversing to Mario Nawfal on a Twitter Space.

According to a person familiar with the conversations, he has spoken with Bahamian officials but is unaware of any intentions by American authorities.

SBF stated on Tuesday that he was meeting with regulators in person and working with the teams to do all we can for customers.

A source with knowledge of the situation told Cointelegraph on Saturday that Bankman-Fried, together with FTX co-founder Gary Wang, director of engineering Nishad Singh, and former Alameda Research CEO Caroline Ellison, are attempting to leave for Dubai.

 

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