Sam Bankman- Fried, the founder of FTX, was interviewed by the police on Saturday.
Bankman- Fried was questioned by the Royal Bahamas Police to find out if there was any criminal activity.
A team of financial investigators from the Financial Crimes Investigation Branch are working with the Bahamas Securities Commission to investigate if there was criminal wrongdoing.
The Securities and Exchange Commission and the Department of Justice are investigating the implosion of FTX. Industry experts have compared the downfall of the company to the demise of the Lehman Brothers in 2008, as well as the downfalls of Theranos and Enron.
FTX failed to get emergency funding and filed for Chapter 11. Bankman-Fried admitted he failed to properly assess the company's debt and resigned as CEO.
FTX announced early Saturday morning that it was investigating a potential hack related to abnormal withdrawals. According to the Financial Times, FTX had only $900 million in sellable assets.
Bankman-Fried denied in a text message to the news agency that he was in the Bahamas, as reported over the weekend.
He didn't reply if he was in Argentina.
FTX did not comment on the police investigation.
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