FBI Seeks To Extradite Sam Bankman-Fried For Questioning

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Sam Bankman-Fried; Photo Source: Ironity

The FBI is reportedly in talks with Bahamian authorities to extradite Sam Bankman-Fried to the US for interrogation on FTX's downfall. FTX’s Co-Founder Gary Wang and Director of Engineering Nishad Singh are also “under supervision” of local authorities. 

On November 12, Sam Bankman revealed he is in the Bahamas. He denied rumors of having flown to Argentina following his exit as CEO of FTX. 

The next day, the Royal Bahamas Police Force released a statement claiming that the authorities have begun investigating FTX for criminal misconduct.

Turkey’s Financial Crimes Investigation Agency has also launched probes into FTX and its associated institutions. 



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Bloomberg’s report claimed that Sam has agreed to cooperate with the authorities.

Moreover, roughly 4,000 people have signed a petition requesting Congress to look into US SEC’s head Gary Gensler’s investigation into FTX.

Meanwhile, Sam has reiterated his intentions to "do right by customers," adding,

"I’m contributing what I can to doing so.  I’m meeting in-person with regulators and working with the teams to do what we can for customers."
Written by
Ayush Pande

The FBI is reportedly in talks with Bahamian authorities to extradite Sam Bankman-Fried to the US for interrogation on FTX's downfall. FTX’s Co-Founder Gary Wang and Director of Engineering Nishad Singh are also “under supervision” of local authorities. 

On November 12, Sam Bankman revealed he is in the Bahamas. He denied rumors of having flown to Argentina following his exit as CEO of FTX. 

The next day, the Royal Bahamas Police Force released a statement claiming that the authorities have begun investigating FTX for criminal misconduct.

Turkey’s Financial Crimes Investigation Agency has also launched probes into FTX and its associated institutions. 



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Bloomberg’s report claimed that Sam has agreed to cooperate with the authorities.

Moreover, roughly 4,000 people have signed a petition requesting Congress to look into US SEC’s head Gary Gensler’s investigation into FTX.

Meanwhile, Sam has reiterated his intentions to "do right by customers," adding,

"I’m contributing what I can to doing so.  I’m meeting in-person with regulators and working with the teams to do what we can for customers."
Written by
Ayush Pande