Damian Williams, United States Attorney for the Southern District of New York, said the investigation in the collapse of FTX was ongoing, hinting at additional announcements on potential arrests in the future. He called on individuals who may have been involved in alleged illegal actions at FTX and Alameda to “come see us before we come see you.”

“You can commit fraud in shorts and T-shirts in the sun,” said Williams in response to a reporter’s question on SBF fitting the profile of a fraudster. “We are not done. Extradition is ongoing in the Bahamas.”

Williams added: “This was one of the biggest financial frauds in American history.”