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Transcripts for CNN CNN Tonight 20240604 04:42:00

Billion dollars at its peak but the cryptocurrency exchange ftx filed for bankruptcy last month. potentially leaving cryptocurrencies customers holding. back and now he s been arrested in the bahamas after the united states filed criminal charges against him in just one day for his suppose committee. elie honig is back with us. elie, why is this significant? the quest before we heard this news was was this the result of fraud or incompetence? well now we have the answer. the u.s. department of justice southern district of new york, my former office says, it s. fraud and they say he believe intentional acts, intentional misstatements. now he s looking at criminal charges. the as to why office is famous for these wall street corporate prosecutions from the john bombs, kisses from the 80s through burden ladle more recently. this could be another one in that line. what s gonna happen next? we, the united states, are going to try to extradite him. ....

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