Sam Bankman-Fried, Other FTX Executives 'Under Supervision' In The Bahamas: Report

A report has claimed that Sam Bankman-Fried, the former CEO of the cryptocurrency exchange platform FTX, which has filed for bankruptcy after its recent spectacular collapse, is currently "under supervision" in the Bahamas.

Cointelegraph reported that along with SBF, as Bankman-Fried is colloquially known, are a few other top executives of the platform.

Earlier rumors had suggested SBF could be in Buenos Aires.

SBF, along with FTX co-founder Gary Wang and director of engineering Nishad Singh are reportedly in the Bahamas and "under supervision" by local authorities, the report said citing an anonymous source supposedly familiar with the matter. "Right now three of them, Sam, Gary, and Nishad are under supervision in the Bahamas. Which means it will be hard for them to leave," the source told Cointelegraph.

International Business Times could not independently verify this information, and other media reports haven't backed up this news with independent reporting. The Royal Bahamas police did not immediately reply to an email seeking comment sent Saturday, outside of office hours, on reports that SBF has been detained. This report will be updated when a response is received.

Also, Caroline Ellison, the CEO of Alameda Research, a sister concern of FTX, is reportedly in Hong Kong trying to get to Dubai, which according to the anonymous source, has no "extradition treaty" with the United States.

"I just got word that they were trying to get a way to get to Dubai, which doesn't have an extradition treaty," the source told Cointelegraph.

Verified Twitter user Mario Nawfal, whose bio says he is the founder and CEO of Web3 Incubation consultant IBC, said in a tweet Saturday that SBF was seen in the lobby of the Albany Marina Towers with members of the police and regulators, adding "they have now left the premises."

He added that SBF lives on the third floor of the towers.

While there is no clear public timeline of events, as yet, SBF could have been detained at the Bahamas Airport on Thursday, where his private jet was reportedly grounded for 40 minutes while on its way to Miami from Nassau.

Twitter exploded when several users later reported that SBF's private jet landed in Buenos Aires early Saturday.

SBF shot down rumors that he is in Argentina via a text he sent to Reuters and confirmed he is in the Bahamas.