FTX: Bahamas announces arrest of founder Sam Bankman-Fried.

Sam Bankman-Fried was arrested at the request of the US, Bahamas Attorney General Ryan Pinder says.

FTX founder faces sealed indictment by US Attorney for Southern District of New York.

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SEC has authorized charges relating to alleged violations of its securities laws.

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FTX's demise marked the latest turmoil for the cryptocurrency industry this year.

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Users pulled $6 billion (€5.7 billion) from the platform in three days.

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FTX's chief executive Thomas Bankman-Fried acknowledged risk management failures but said he did not commit fraud.

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