Crypto scam-artist and former head of FTX, Sam Bankman-Fried, known as SBF, has been arrested in the Bahamas "at the request of the U.S. Government":
Here is the full press release from Bahamian authorities:
Let me break down this line for you:
"At such time as a formal request for extradition is made, The Bahamas intends to process it promptly, pursuant to Bahamian law and its treaty obligations with the United States."
Translation: SBF is going to be extradited to the U.S. and he is royally screwed. And if he does not end up royally screwed, it is because of corruption.
