Sam Bankman-Fried facing likely extradition to the U.S. after arrest in the Bahamas

Federal prosecutors have charged Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency firm FTX, with fraud. He was arrested Monday in the Bahamas. Michael Parker, head of anti-money laundering and sanctions practice at Ferrari and Associates, joins CBS News’ Elaine Quijano and Lana Zak on what happens next in the criminal case against Bankman-Fried.

#news #ftx #sambankmanfried

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on and Paramount+.

Subscribe to the CBS News YouTube channel:
Watch CBS News:
Download the CBS News app:
Follow CBS News on Instagram:
Like CBS News on Facebook:
Follow CBS News on Twitter:
Subscribe to our newsletters:
Try Paramount+ free:

For video licensing inquiries, contact:

You May Also Like