<p>The founder and former CEO of the bankrupt cryptocurrency platform FTX&nbsp;Sam Bankman-Fried was arrested Monday in the Bahamas and will be indicted in the U.S. as soon as Tuesday morning, according to U.S. and Bahamian authorities.</p> <p>The Attorney General for the Bahamas said in a&nbsp;<a href="https://twitter.com/latraelrahming/status/1602446687712473088?s=20&amp;t=dryFIdzjTNPPbKGM6tpDEw" _mce_href="https://twitter.com/latraelrahming/status/1602446687712473088?s=20&amp;t=dryFIdzjTNPPbKGM6tpDEw">statement</a>&nbsp;Monday that the Royal Bahamas police arrested Bankman-Fried after the U.S. notified them of pending criminal charges against the ex-billionaire, noting that the U.S. is “likely” to request extradition.</p> <p>Bankman-Fried lives in the Bahamas, which is also where FTX was established and run from until its demise.</p> <p>“The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public’s trust and broken the law,” said Attorney General Ryan Pinder.</p> <p>Pinder said the Bahamas will continue its own investigations into the failed cryptocurrency platform while the U.S. pursues its charges against Bankman-Fried.</p>