Sam Bankman-Fried Arrested, Charged in the U.S.

Sam Bankman-Fried (SBF), co-founder and former CEO of the bankrupt crypto exchange FTX, has been arrested in the Bahamas after U.S. federal prosecutors and regulators filed criminal and civil charges respectively against him. The charges were unsealed on the same day SBF was expected to testify in Congress as hearings about FTX's collapse begin. Ram Ahluwalia, the CEO and co-founder of Lumida Wealth Management, joins Nico Brugge and Ash Bennington to discuss. Learn more about your ad choices. Visit podcastchoices.com/adchoices