FTX founder Sam Bankman-Fried arrested in the Bahamas

US authorities say the former chief executive of the failed cryptocurrency exchange FTX Sam Bankman-Fried has been arrested in the Bahamas (Good Morning America/ABC News/AP)

US authorities say the former chief executive of the failed cryptocurrency exchange FTX Sam Bankman-Fried has been arrested in the Bahamas.

The US attorney’s office in New York on Monday said the founder of FTX was arrested at the request of the US government.