Authorities are verifying the identity of the former South Korean cryptocurrency king, who was apprehended at the Podgorica airport with forged documents.
Anatoly Legkodymov was detained in Miami for his role in allegedly transmitting a total of $700 million in illicit funds with links to narcotics trade and stealing financial information.
Bankman-Fried, 30, is accused of illegally diverting massive sums of customer money from FTX to make lavish real estate purchases, donate money to politicians and make risky trades at his cryptocurrency hedge fund trading firm.
Bankman-Fried arrested based on sealed indictment filed by US attorney for Southern District of New York.
FTX and its affiliates filed for bankruptcy in Delaware on November 11 in one of the highest-profile crypto blowups, leaving an estimated 1 million customers and other investors facing total losses in the billions of dollars.
The cryptocurrency exchange was seeking a lifeline after a liquidity crunch due to customers withdrawing funds at a frenetic pace.
The crypto world is reeling after fears that a liquidity crunch at FTX could spread contagion across the market.
Federal court sentences nuclear engineer Johnatan Toebbe and his wife Diana Toebbe for a plot to sell secrets about nuclear submarines to a foreign government — reportedly Brazil.
Tesla, of which Musk is CEO, started accepting dogecoin as payment for its merchandise early this year.
A number of US politicians are considering whether a stance on digital assets could win votes, as the crypto lobby’s footprint grows in Washington.
Hackers have grossed over $3 billion across 125 hacks so far, and is on track to beat last year’s figure of $3.2 billion.
Users from the Middle East and North Africa received $566 billion in crypto from July 2021 to June 2022 – up 48 percent from the previous year.
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