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455
SAM BANKMAN FRIED ARRESTED (www.cnbc.com)
posted 2 years ago by dty6 2 years ago by dty6 +455 / -0
FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges
Bankman-Fried's arrest is the first concrete move by regulators to hold individuals accountable for the multi-billion dollar implosion of FTX last month.
www.cnbc.com
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▲ 16 ▼
– MrCasino 16 points 2 years ago +16 / -0

I guess he will be unavailable to testify under oath Tuesday.

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▲ 11 ▼
– Snake 11 points 2 years ago +11 / -0

Yep. SBF was set to testify tomorrow before the House Financial Services Committee. The arrest means that he will be held in the Bahamas until a formal extradition request is made to transfer, and will eliminate his testimony before the GOP from taking place.

This is illegal under 18 U.S.C. 1505 https://www.law.cornell.edu/uscode/text/18/1505

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▲ 1 ▼
– deleted 1 point 2 years ago +2 / -1
▲ 5 ▼
– Snake 5 points 2 years ago +5 / -0

Remotely, yes.

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▲ 0 ▼
– deleted 0 points 2 years ago +1 / -1

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