Day: December 12, 2022

Written by FinCrime

Disgraced FTX founder Sam Bankman-Fried arrested in The Bahamas after charges filed in US

Reported by: Emily Crane Disgraced crypto king Sam Bankman-Fried was arrested by authorities in the Bahamas Monday night after criminal charges were filed by US prosecutors.   The 30-year-old was taken into custody after the Bahamian government received formal notification from the US of the charges against him, according to the Office of Attorney General in the […]

Written by FinCrime

Exclusive-U.S. Justice Dept is split over charging Binance as crypto world falters – sources

Reported by: Angus Berwick, Dan Levine, Tom Wilson Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation into the world’s largest cryptocurrency exchange Binance, four people familiar with the matter have told Reuters. The investigation began in 2018 and is focused on Binance’s compliance with U.S. anti-money laundering […]