Former FTX CEO Sam Bankman-Fried, who was arrested in the Bahamas several hours ago, is facing charges of wire fraud, security fraud, conspiracy to commit wire fraud and security fraud, and money laundering, the New York Times has reported.

Former FTX CEO Sam Bankman-Fried, who was arrested in the Bahamas several hours ago, is facing charges of wire fraud, security fraud, conspiracy to commit wire fraud and security fraud, and money laundering, the New York Times has reported.