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will: sec has charged ftx founder sam bankman-fried after his arrest in the bahamas. steve: the former head of the collapsed crypto company is expected top an in court in the bahamas when he was supposed to be testifying before congress this morning. not gonna make it. ainsley: todd joins us live with the details. filing charges against sam bankman-fried. yesterday leading to his arrest in the bahamas. new york times reporting the charges include wire fraud, securities fraud and money laundering. u.s. will move to unseal the indictment this morning. sec is filing on charging him for the alleged massive years long fraud. bankman-fried s arrest comes hours before the ftx founder was due to testify remotely this morning. congressman lee zeldin telling fox news, house republicans were ready to grill him six ways to sunday, now breaking, sbf was just arrested. ....
Endorsements that he bought along the way. for example, revealed a week ago, kevin o leary, famously of shark tank, he will be advocating for ftx and sam bankman-fried was on the payroll of ftx. steve: a lot of famous people, but mainstream investors who got into crypto because of fomo, the fear of missing out. so much money was being made of crypto, even though so many people cannot explain how it works. ainsley: a lot of people just gave a little bit. but a lot of his clients were steve: big institutional people. ainsley: one of the largest crypto exchanges filed for bankruptcy after it ran out of cash and now he s arrested. will: a lot of questions we need to answer about the connections we were alluding to. a congressman from georgia said the timing of the arrest is odd, it s going to stop some of these ....
People going to go. a lot are going to be scattered across the country, and then will they rely on some sort of government subsidies, will they be part of your school district, these are things that people need to know about because the impact is going to be felt for years. ainsley: i was flipping around and watching the a block on another network, and talking about the ftx, the january 6th committee, they did not mention the border and they did not mention twitter. will: over to carley. carley: a tornado touching down in central oklahoma, there are reports of several structures destroyed but no word of any injuries. and another twister touched down in texas an hour outside fort worth. and a massive snowstorm in utah causing a bus to roll over, injuring 23 people. a round of thunder snow hitting sedona, arizona last night. ....