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FTX FOUNDER ARRESTED
• US expected to seek extradition • Emails to Attorney General revealed • Pinder denies govt authorised withdrawals By LEANDRA ROLLE and NEIL HARTNELL SAM Bankman-Fried, former CEO of crypto giant FTX, was arrested by the Royal Bahamas Police Force yesterday and will likely face extradition to the United States, Attorney General Ryan Pinder announced. In a statement issued last night, Senator Pinder
said Sam Bankman-Fried’s (SBF) arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition”. Mr Pinder also last night denied that he or any government official gave permission for FTX’s nowarrested founder to violate a freeze order by returning
$100m in assets to 1,500 purported “Bahamian” clients. Meanwhile, major legal battle was brewing last night for control of $256.3m worth of Bahamian real estate assets as FTX’s local liquidators sought to extract them from Chapter 11 bankruptcy proceedings in the US. SEE PAGE THREE & BUSINESS
SAM BANKMAN-FRIED
MINNIS: NATION COULD HIT NEW MURDER RECORD By JADE RUSSELL jrussell@tribunemedia.net
FORMER Prime Minister Dr Hubert Minnis said yesterday the country is on track to set another murder record due to the government’s failed handling of crime. Dr Minnis’ comments came during his contribution to the National Investment Funds Bill in Parliament yesterday. “In the first full year of the Davis administration,
DR HUBERT MINNIS we are nearing a national murder record. Nearly 130 have been murdered this year thus far. The violence
in New Providence is out of control. “Investors and tourists could be less likely to come here and spend their money if this administration does not get a handle on the situation,” he said. Dr Minnis criticised Prime Minister Philip “Brave” Davis’ response to crime as he argued, “on the rare occasion when he’s (prime minister) in The Bahamas,” Mr Davis does not address the issue. SEE PAGE FIVE
Nassau & Bahama Islands’ Leading Newspaper
PETER YOUNG:
HARRY AND MEGHAN SHOW MUCH ADO ABOUT NOTHING
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