• Economy Cryptocurrency platform FTX files for bankruptcy and its boss resigns

  • Sam Bankman-Fried FTX: The beach bar of 10 colleagues all tied up with everyone who has defrauded 10,000 million in cryptocurrencies

  • Crypto The Spanish affected by the collapse of FTX resign themselves: "No one knows how far this will go"

The founder of the bankrupt

cryptocurrency platform FTX

,

Sam Bankman-Fried

, was arrested Monday in the Bahamas after the attorney for the southern district of New York,

Damian Williams

, charged him.

In a tweet, Williams reported that the Bahamian authorities had arrested

Bankman-Fried

at the request of the US government "based on a secret indictment" presented by the prosecution, details of which will be released shortly.

In a statement, published by the media, the

Prime Minister of the Bahamas, Philip Davis

, said that his country and the US "have shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law."

Bankman-Fried

was scheduled to

testify by video link before a US House committee on Tuesday.

FTX filed for bankruptcy on November 11, and at the end of that month the company's new managers appeared for the first time before the bankruptcy court of the state of

Delaware

(USA) to begin the restructuring process.

Lawyers for the new board and its current head, John Ray, argue that a

"substantial amount"

of the company's assets may have been stolen or are missing.

The new managers have also denounced that the company had a "total absence of corporate controls" and a lack of "reliable financial information".

The platform, which came to be valued at

32,000 million dollars,

could have more than a million creditors around the world.

So far, the company has admitted that it owes more than $3 billion to its top 50 creditors.

However,

Bankman-Fried

blames the bankruptcy in part on the massive sale of cryptocurrencies that occurred at the beginning of the year.

For the founder of the company, this sale halved the guarantee of FTX, of about

30,000 million dollars

.

At that point, according to Bankman-Fried, the sale of cryptocurrencies continued, combined with a credit crunch and a "flight from the bank," which reduced the collateral to $9 billion before FTX filed for

bankruptcy

.

According to the criteria of The Trust Project

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