Twitter exploded with the stunning news of Sam Bankman-Fried’s arrest within the Bahamas, with many shocked that the arrest occurred so rapidly.
On December twelfth, the hated founder of FTX was arrested by the Royal Bahamas Police Force after receiving discover that the US authorities had filed legal expenses in opposition to him.
Within hours, politicians, cryptocurrency executives and influencers took to their Twitter apps to touch upon the previous CEO’s arrest.
Representative Alexandria Ocasio-Cortez, a New York Democrat who has largely maintained a impartial view of the cryptocurrency trade up to now, instructed her 13.4 million Twitter followers that Bankman-Fried’s arrest was “justice served,” however famous, that the arrest may delay Bankman. Fried’s testimony earlier than the House Financial Services Committee, scheduled for December.
Bankman-Fried is attributable to testify earlier than the chamber tomorrow. He was arrested tonight.
While I’m dissatisfied that we’ll not have the chance to current our line of questioning, we look ahead to extra info being revealed and justice being served on this case. https://t.co/HS9u1n5Kur
— Alexandria Ocasio-Cortez (@AOC) December 13, 2022
U.S. Sen. Cynthia Lummis was additionally happy, tweeting that prosecutors made the fitting choice to prosecute Bankman-Fried for her fraud.
What occurred at FTX looks as if an excellent, old school rip-off, and I’m glad that prosecutors are investigating what occurred to make sure that everybody who dedicated a criminal offense is held accountable for what they did.
— Sen. Cynthia Lummis (@SenLummis) December 13, 2022
US Senator and crypto skeptic Elizabeth Warren agreed. noting in a Dec. 13 tweet to his 7 million followers that the US Department of Justice ought to prosecute extra company executives who break the legislation.
Others took the chance to make clear some details. Benjamin Cowen, CEO and founder of an analytics channel referred to as Into The Cryptoverse, used ChatGPT to wax poetic in regards to the current Bankman-Fried state of affairs.
“Write a poem about SBF, FTX CEO arrested in Bahamas for wire fraud.” pic.twitter.com/OWMXlhcqPt
— Benjamin Cowen (@intocryptoverse) December 13, 2022
As anticipated, memes are additionally circulating on Twitter.
Sam Bankman-Fried lastly goes to jail. pic.twitter.com/i2JqL7JiD6
— DRE THE NOID (@THEGONEEZ) December 13, 2022
Much has additionally been made of Bankman-Fried’s Twitter posts and media appearances since FTX’s stunning fall in November.
Not Investment Advice co-host Trung Phan stated on December 13 to his 538,000 Twitter followers that Bankman-Fried’s erratic habits would make his shopper’s life tough, whereas others imagine that Bankman-Fried’s arrest will possible trigger him to level the finger at colleagues and folks related to FTX. catastrophe, together with those that acquired his substantial political donations.
In what is more likely to be his final Twitter interview with Odd Points on December twelfth, Bankman-Fried said: “I do not suppose I can be arrested.”
The Royal Bahamas Police Force made the arrest following official discover from the United States that it had filed legal expenses in opposition to Bankman-Fried, the Bahamas Attorney General’s Office stated in a Dec. 12 assertion.