I knew it was coming. Sam Bankman-Fried, the CEO of cryptocurrency trading company FTX was arrest in the Bahamas.
A few months ago, he was flying high and was worth over $26 Billion, and he gave over $40 million to the Democratic Party for the 2022 elections. Now he is broke, his company has declared bankruptcy and billions of dollars of customers’ money is missing.
The Southern District of New York has filed a sealed indictment and they asked the Bahamian authorities to arrest him.
The U.S. has an extradition treaty with the Bahamas.
I guess he should have gone to Morroco. No extradition treaty there.
But I’m glad because I think this guy is a d*&^k.