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BREAKING: FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges
FTX founder Sam Bankman-Fried was arrested by Bahamian authorities this evening after the United States Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government, setting the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange’s collapse.
Damian Williams, the U.S. Attorney for the Southern District of New York, said on Twitter that the federal government anticipated moving to “unseal the indictment in the morning.” ....
Thanked by 1msallak1
Comments
Take him downtown, boys.
Bake him away, toys.
Francisco
Police in China arrest gang who laundered $1.7 billion via crypto even after Beijing’s crackdown
Police in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency.
https://www.cnbc.com/2022/12/12/chinese-police-arrest-gang-who-laundered-1point7-billion-via-cryptocurrency.html
The longer the sentence the better for the world.
Probably.
The crypto world is getting even stranger by the day...
SBF did not kill himself.
About time uh
He will have great time in prison, maybe
Sam Bankman-Fried: Arrested crypto boss hugs parents as he is denied bail over 'one of biggest financial frauds in US history'
The 30-year-old founder of FTX is being held on criminal charges over an alleged "brazen, multi-year" mass financial fraud, and faces up to 115 years in jail if convicted.
https://news.sky.com/story/sam-bankman-fried-arrested-crypto-boss-hugs-parents-as-he-is-denied-bail-over-one-of-biggest-financial-frauds-in-us-history-12767714
Those ridiculous 100+ years judgements
only in murica. Just say life sentence and that's it.
Of all places, he ran there? Did he think the Bahamas were going to take diplomatic heat from the US to protect him?
Kinda interested in the LUNA guy that's running, too. Apparently he's in Serbia trying to fend off Korean authorities.
Does the bankman is clinically kretin or genius?
He really thought he owned a bank and used all the customers funds for personal use.
Bankman-Fried arrested for Bank Fraud.
Could make a catchy headline
Maybe that's so when he's old and terminally ill, they can just compassionate release him and not have to pay for treatment. It's an asshole thing to do, but meh in this case.