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breaking news as we were recording this video Sam bankman freed CEO of FTX has been arrested police in the Bahamas arrested FTX founder SBF in anticipation of an extradition request after U.S officials filed criminal charges the countrys attorney general said the current CEO of FTX John Ray and ousted CEO Sam bankman freed are expected to testify in front of the house tomorrow the house Financial Services committee confirmed that the former FTX CEO Sam bankman freed and the current FTX CEO John J Ray III will both be attending and testifying what Congress is calling investigating the collapse of FTX part 1 10 a.m Eastern Standard Time Tuesday as is standard at least on John Jay Rays side the current FTX CEO he released his statement 24 hours in advance he says while many things are unknown at this stage and May any questions remain we know the following six things first second third fourth five six Im going to take you through it 24 hours in advance in