Crypto Twitter has blown up over the surprising information of Sam Bankman-Fried’s arrest within the Bahamas, with many shocked it had occurred so shortly.
On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after they acquired notification that the USA authorities had filed felony expenses in opposition to him.
Inside hours, politicians, crypto executives and influencers had all booted up their Twitter apps to touch upon the arrest of the previous CEO.
New York Democratic Consultant Alexandria Ocasio-Cortez, who’s held a reasonably impartial view on the crypto trade thus far, informed her 13.4 million Twitter followers that Bankman-Fried’s was a step towards “justice being served,” however famous that the arrest would postpone Bankman-Fried’s testimony earlier than the Home Monetary Providers Committee, which was scheduled for Dec. 13.
Bankman-Fried was set to testify earlier than the Home tomorrow. Tonight he was arrested.
Whereas I’m upset we won’t have the chance to current our line of questioning, we sit up for extra info coming to mild and justice being served on this case. https://t.co/HS9u1n5Kur
— Alexandria Ocasio-Cortez (@AOC) December 13, 2022
U.S. Senator Cynthia Lummis was additionally happy, tweeting that prosecutors made the precise determination to carry Bankman-Fried accountable for the “good, old school fraud” he allegedly dedicated.
What occurred at FTX seems to be good, old school fraud, and I am glad prosecutors have been investigating what occurred to make sure everybody who dedicated crimes is held accountable for what they did.
— Senator Cynthia Lummis (@SenLummis) December 13, 2022
Fellow U.S. senator and crypto skeptic Elizabeth Warren agreed, stating in a Dec. 13 tweet to her 7 million followers that the U.S. Division of Justice wants to carry extra lawbreaking company executives accountable.
Others took the chance to make mild of all of it. Benjamin Cowen, the chief government and founding father of the crypto-analysis channel referred to as Into The Cryptoverse, used ChatGPT to create poetry about Bankman-Fried’s newest predicament.
“Write a poem about SBF, the CEO of FTX, who was arrested within the Bahamas for wire fraud.” pic.twitter.com/OWMXlhcqPt
— Benjamin Cowen (@intocryptoverse) December 13, 2022
In the meantime, memes are already making the rounds on Twitter:
Sam Bankman-Fried goes to jail lastly. pic.twitter.com/i2JqL7JiD6
— DRE THE NOID (@THEGOONEEZ) December 13, 2022
A lot can also be being mentioned about Bankman-Fried’s Twitter posts and media appearances since FTX’s beautiful collapse in November.
The co-host of Not Funding Recommendation, Trung Phan, told his 538,000 Twitter followers on Dec. 13 that Bankman-Fried’s erratic public habits will make life tougher for his protection lawyer, whereas others imagine that Bankman-Fried’s arrest will doubtless see him pointing the finger at colleagues and other people linked to the FTX debacle, together with those who acquired his sizeable political donations.
Associated: BF tried to destabilize crypto market to avoid wasting FTX: Report
In what is probably going his final Twitter Areas interview, with Uncommon Whales on Dec. 12, Bankman-Fried stated “I don’t suppose I’ll be arrested” when pressed concerning the chance.
The Royal Bahamas Police Pressure made the arrest following the formal notification from the U.S. that it has filed felony expenses in opposition to Bankman-Fried, based on a Dec. 12 announcement by the Bahamas’ Workplace of the Lawyer Normal.