The Bahamas police have arrested Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, the country's attorney general has said, APA reports citing BBC.
The Bahamas said it received formal notification from the US of criminal charges against Mr Bankman-Fried.
Last month FTX filed for bankruptcy in the US, leaving many users unable to withdraw their funds.
It was the second largest crypto exchange in the world, trading about $10bn of crypto coins every day.
"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the US Government, based on a sealed indictment filed by the SDNY [Southern District of New York]. We expect to move to unseal the indictment in the morning and will have more to say at that time," the US Attorney's office in Manhattan said in a tweet.
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