FTX Faces Criminal Probe in Bahamas

Sam Bankman Freed, founder of FTX, was interviewed by local police and regulators in the Bahamas. An investigation was launched to determine if there was any wrongdoing, particularly concerning unauthorized customer withdrawals. The Bahamas authorities are collaborating with global regulators, but the extent of their involvement with US authorities is unclear. The situation remains uncertain as investigations continue.

Who was interviewed by local police and regulators, leading to an investigation?

• Sam Bankman Freed

• Katonga Johnson

• FTX Customers

• The Bahamas Securities Commission

What was the main focus of the investigation regarding FTX?

• Unauthorized customer withdrawals

• The role of US DOJ

• FTX's global expansion

• The company's headquarters location

Which organization did FTX claim authorized customer withdrawals?

• The Bahamas Securities Commission

• US Department of Justice

• Local police

• Bloomberg

What role might Bahamian authorities play in the FTX investigation?

• Making recommendations for charges

• Leading the investigation globally

• Relocating FTX headquarters

• Issuing fines to FTX

How are Bahamian regulators collaborating in the investigation?

• By working with US DOJ

• By issuing public statements

• By collaborating with law enforcement

• By freezing FTX assets