Sam Bankman-Fried Arrest And Money
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Sam Bankman-Fried Arrest And Money

That FTX scandal has to be one of yhe biggest stories this year with its former CEO Sam Bankman-Fried being at the spotlight of the ordeal. Today, it was all over the news that he has been arrested in the Bahamas as he was supposed to testify to the US congress. The assumption is he will be extradited.

The interesting thing with this is that apparently he may be fighting this extradition charge which makes you wonder if this could be used as a major stall tactic. It makes you think too how so many people lost billions of dollars on this yet I would imagine he can still potentially have a high priced lawyer on hand.

At the same time, I’m surprised he hasn’t already been arrested as most entrepreneurs would have probably been apprehended for questioning immediately. This story will sure say a lot in regards to whether or not everyone has a price as if it’s true that there are a lot of big names and wealthy people in this matter then he may be shielded from prosecution. It will be interesting to see.

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