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FTX CEO Detained by Authorities in Bahamas

Sam Bankman-Fried, the former CEO of the collapsing cryptocurrency company FTX, along with two others associated with the company, director of engineering Nishad Singh and co-founder Gary Wang, are “under supervision” in the Bahamas after the trio reportedly were planning on fleeing to Dubai. 

According to Cointelegraph, “Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas, which means it will be hard for them to leave.” 



Dubai is a city in the United Arab Emirates that prior to February 24, 2022, had no extradition treaty with the United States. However, as of that date, the two countries signed a mutual legal assistance treaty which does permit extradition. 

The multi-billion d …

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